Surety and fidelity bonds are 2 options to protect your business. While they’re both bonds, each serves a different purpose. Learn more about surety and fidelity bonds now. Surety bonds are a legal ...
Fidelity bond premiums can cost a considerable amount. Do you fully understand the kinds of losses covered by the bond or when it is appropriate to provide notice of a loss to a company’s insurer? The ...
IN WITNESS WHEREOF, the Company has caused this Bond to be signed by its Authorized Officers, but it shall not be valid unless also signed by a duly authorized representative of the Company. Chubb is ...
Fidelity bonds cover direct losses from employee theft, not third-party claims. In a recent case, courts ruled that losses from a fraud scheme were not covered because they resulted from a chain of ...
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