A blanket fidelity bond is a type of insurance policy that provides coverage for an employer against losses caused by the dishonest acts of its employees.
A Fidelity Bond guarantees that the insurance company will compensate the insured business or individual for financial or property losses caused by dishonest acts of employees.
A Name Position Bond, also known as a Fidelity Bond, covers an employer if employees in specific listed positions commit dishonest acts, such as theft or embezzlement. This insurance provides financial protection and peace of mind to employers.
Position Schedule Bonds are specialized types of Fidelity Bonds that protect businesses from loss due to fraudulent or dishonest acts by employees in specific positions.
