Reimburses you for financial loss to your business due to dishonest or fraudulent activities of one or more employees. Also known as a Fidelity Bond. The coverage can be extended to comply with the bonding requirements imposed by ERISA. (See ERISA Compliance Bond.)
This coverage protects an organization against loss of money, securities, and other property through employee theft, fraud, or embezzlement.
Coverage for the loss of money and other property through theft or other dishonesty of one or more employees. Also called fidelity coverage and fidelity bond.