» MORE: Insurance and bonding for cleaning businesses If you work as a contractor or consultant: Clients may request that you buy a fidelity bond before beginning work with them. In this case, you’ll also want a business service bond. If you work in the financial services industry: You...
Fidelity Bonds:Protect your business and your clients from losses caused by fraudulent acts by employees. Examples include ERISA bonds, employee dishonesty bonds, and janitorial bonds. Choose your state below to learn more your bonding requirements. ...
Bonding of employees may or may not completely offset a loss, but the compensation from this type of protection can often prevent any long-term damage to the business. For example, if an employee is found to have stolen equipment from the employer and it is impossible to recover that equipme...
Job seekers or employees can apply for fidelity bondingby visiting their local AJCC. The certification process is simple and requires no paperwork for the job seeker or the employer. Coverage becomes effective once: Job seekers, employees, and employers meet all eligibility requirements. What does b...
Fidelity Bonds –A type of commercial bond that protects businesses from employee theft; usually used by companies with employees who handle large amounts of cash. Court Bonds –Court bonds help to ensure that individuals who have been appointed by the court to care for another or manage another...
Bonding is the initial emotional connection formed by parents with their newborn, while attachment refers to the deep, long-term emotional relationship that develops between a child and their caregiver.
Fidelity Bonds A fidelity bond can be considered a supplement to business insurance because it provides protection for both the customer and the business from theft, misconduct, or fraud on the part of the company's employees. If a company's employee is performing a service in a customer's ...
What Is a 1099 Form? Finance What Is Life Insurance? Taxation What Is a Tax Haven? Economy What Is the Gold Standard? Finance What Is a Joint Account? Related Articles Discussion Comments Byanon993842— On Dec 20, 2015 If an employee knows its bond or agreement, then there shouldn't be...