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Fidelity Bond or Crime Insurance? [What's the difference?]

Written By Surety Solutions, A Gallagher Company on Thursday, Jul 02, 2020 | 03:11 PM

 
Do you need a Fidelity Bond for your janitorial / cleaning business? Or does it make more sense to get Crime Insurance? What's the difference between the bonds and policies? Is a Fidelity Bond the same as employee dishonesty? Our team at Surety Solutions, A Gallagher Company will assist you with getting the type of policy to fit your business needs. Get free quotes for your Fidelity Bond / Crime Policy! https://suretysolutions.com/fidelity-bond-application/?utm_source=youtube&utm_medium=video-info-top&utm_campaign=fidelity-bond-crime-insurance-difference Fidelity is about employee theft or dishonesty. Theft: An employee (including independent contractors or volunteers) steals money or assets for their own gain. Dishonesty: An employee misrepresents information and possibly not for their own gain. The difference in language is small, but how an employee's action is defined could be the difference between pay-out of a loss and a declaration of coverage. Don't pay for coverage you don't need. Our team of Surety Bond Experts can determine the type of coverage that works best for your organization, no matter how big or small. What is a Fidelity Bond?: https://blog.suretysolutions.com/suretynews/what-is-a-fidelity-bond?utm_source=youtube&utm_medium=video-info&utm_campaign=fidelity-bond-crime-insurance-difference What is an Employee Dishonesty Bond?: https://blog.suretysolutions.com/suretynews/what-is-an-employee-dishonesty-bond?utm_source=youtube&utm_medium=video-info&utm_campaign=fidelity-bond-crime-insurance-difference What you need to know about Janitorial Bonds: https://blog.suretysolutions.com/suretynews/janitorial-bonds-what-you-need-to-know-how-to-get-one?utm_source=youtube&utm_medium=video-info&utm_campaign=fidelity-bond-crime-insurance-difference Protecting your business' assets, not just against lawsuits or other claims and demands, but also from internal theft or dishonesty is a key piece to your risk management strategy. Get your free Fidelity Bond quote today! https://suretysolutions.com/fidelity-bond-application/?utm_source=youtube&utm_medium=video-info-bottom&utm_campaign=fidelity-bond-crime-insurance-difference Have a question? Give us a call at (866) 722-9239 or send an email to [email protected]. Music: https://www.bensound.com/royalty-free-music