Bond Amount
$5,000, $ 10,000, $ 25,000, $50,000, and $100,000
Requiring Entity
Subscribers to the Principal’s Services
Underwriting Criteria
Instant Issued without a Credit Check
Premium Rate
Based on the Number of Employees and the Bond Amount Requested*
Who is Required to Secure this Bond
An Employee Dishonestly/Fidelity Bond in the amount of $5,000, $10,000, $25,000 and $100,000 is not required by any entity, City, State, County or other Municipality. A fidelity bond does not fulfill any specific license, permit or other requirements; it is simply a policy set in place which covers acts of dishonesty or theft.
Bond Requirement Specifics
An Employee Dishonesty/Fidelity Bond is set in place to help protect the Employer should any of their Employees commit any acts of dishonesty or theft.
Who is Protected Under this Bond
The Employee Dishonesty/Fidelity Bond protects the employer from any dishonest or fraudulent acts of its employees. Coverage only applies to valid employees for which the Company pays employment taxes. Coverage does not apply to 1099 or subcontracted individuals.
Underwriting Process
Employee Dishonesty/Fidelity Bonds are INSTANTLY ISSUED without the need of a personal credit check of the applicant.
What you Need to do Once you have you Bond
Upon receipt of payment, the original bond will be mailed to the applicant. The bond will be placed in regular mail unless the applicant opts to pay the fee associated with overnight delivery during the application process.
* Please be advised that the quote you obtain for this bond may include a fee charged and retained by The Bond Exchange.