Fidelity Bond (Employee Dishonesty)
A fidelity bond protects your business from losses caused by employee theft or fraud. Contracts and clients sometimes require it, and many businesses carry it by choice. We place them fast.
- Bond amount
- Set by your coverage level
- Authority
- Required by contracts, or carried voluntarily
The premium is a percentage of the bond amount, set by underwriting. The figures above are the bond amounts, not what you pay.
What it is
A fidelity bond (also called an employee dishonesty bond) reimburses your business if a covered employee steals money, property, or commits fraud against you. Unlike a business service bond, which protects your clients, a fidelity bond protects you, the employer.
Who needs it
- Businesses whose employees handle cash, payments, or client funds
- Companies a contract or client requires to carry employee-dishonesty coverage
- Owners who want to protect the business against internal theft
Bond amounts and requirements are general guidance and can change. Confirm the current requirement with the listed agency before you file. We will quote your exact bond.
Tough credit or a prior claim? It's welcome here. See how we place hard-to-place surety bonds, or get a quote and we'll place your exact bond.
Fidelity Bond FAQs
What is the difference between a fidelity bond and a business service bond?
How much fidelity coverage do I need?
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