A Fidelity bond or an Employee Dishonesty Bond is a form of protection that covers the insured or policyholder from losses that they incur as a result of fraudulent acts by employees. This coverage will protect your company from losses of monies, securities, and other property from someone you thought you could trust.
The U.S. Chamber of Commerce estimates that 75% of all employees steal at least once, and that half of these steal again and again. The Chamber also reports that one of every three business failures are the direct result of employee theft. The bottom line is if you own a business, you have a very high risk of loss from dishonest employees at some point in time.
Why Choose Insource?
We completely understand the risks of having employees and will provide you the Fidelity Bonds you need to protect yourself against employee dishonesty.