Crime Insurance & Fidelity Bonds, Explained
What fidelity and crime coverage protects, why “I trust my employees” isn’t a plan, the two types of fidelity bonds, and real claim scenarios.
What fidelity and crime coverage protects, why “I trust my employees” isn’t a plan, the two types of fidelity bonds, and real claim scenarios.
An employee slips merchandise into her purse. Or maybe someone makes a company check out to himself, or pilfers supplies from the stock room. Even before you discover the crime, your business may have lost a bundle of money. A 2016 poll on employee theft found that 80% of embezzlement happens at small businesses. How … Continue reading Steps You Can Take to Protect Your Business from Employee Theft →
There is a hidden risk facing small businesses across the country that often goes unnoticed until it suddenly rips through a firm’s finances: employee theft. It’s a crime that is costing U.S. businesses $50 billion annually, with 7% of annual revenues lost to theft or fraud according to Statistic Brain. Studies found that U.S. businesses … Continue reading Workplace Crime costs $50 Billion a year, protect your business with Fidelity Bonds. →
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To Apply for a Fidelity or Dishonesty Bond: http://www.bfbond.com/?bondType=Fidelity While the holiday season is the most profitable time for retailers, the
Fidelity bonds are like a kind of insurance policy for employers and companies that serve to protect the ownership and