Fidelity Bonds
Posted: December 5, 2010
A fidelity bond is a form of protection that covers clients for losses that they incur as a result of fraudulent acts by specified individuals. It usually insures a business for losses caused by the dishonest employees. An assurance is generally purchased by an employer to cover employees who are entrusted with valuable property or funds. While called Fidelity bonds, Dishonesty Bonds, these obligations to protect...