Fidelity Bond

Plain English Definition: A fidelity bond protects businesses from losses caused by employee dishonesty, such as theft or fraud.

What Fidelity Bond really means for someone with an insurance policy

Fidelity bonds act as a safety net for businesses, reimbursing them for financial losses resulting from dishonest acts by employees.

Fidelity Bond Real World Examples

• A cashier stealing cash from the register.
• An employee embezzling company funds.
• A bookkeeper altering financial records for personal gain.