WebBusiness service bonds: Businesses whose employees enter the premises of clients and customers obtain these bonds to cover employee theft of client property. Dishonesty bonds: Classic Fidelity Bonding. Two types: Blanket coverage: Written in the name of the business with all employees covered.
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WebThe dishonesty must be more than a mere mistake, a misunderstanding, or a momentary lapse in judgment. It must be deliberate and significant enough to damage the employer's trust and confidence in the employee. In addition, it is essential to note that just cause termination is a high standard to meet, and employers must follow the proper ... WebPricing for a Business Services Bond is based on the number of employees and the coverage amount required. They range in cost from $100 to $780. Businesses with over … sword and shield plumbing higginsville mo
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WebApply for fidelity bonds to protect your business and clients! Skip to main content Main navigation. Search mobile. Get a Free Quote. Get a Free Quote. Log In. Find a Bond ... Business Services Bond; Employee Dishonesty Bond; ERISA Bond; View All Bonds; About Us. Why Choose Us? Contact Us. Our Story. Surety Bond Blog. Careers. Search. … WebDec 17, 2024 · The Two Types of Fidelity Bond Coverage. There are two primary types of coverage: first party and third party. First party coverage protects your business against thefts committed by your employees. Third party coverage protects your clients in the event one of your employees commits theft or loses their property. WebDo you need an employee dishonesty bond? You want this bond if you are interested in protecting your business from your own employee's dishonest acts. For example, if one of your employees commits embezzlement, a claim can be filed. Keep in mind, employee theft is more common than many people think. What will your bond cost? sword and shield podcast