Fidelity Bond
(Fidelity Policy, Employee Dishonesty Bond)
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A Fidelity Bond protects an employer from employee theft. Usually, insurance companies and security firms are required to obtain a fidelity bond. Essentially Fidelity Bonds guarantees the employer's money and property in the event that an employee causes damage though negligent or a dishonest. Fidelity Bonds or Employee Dishonest bonds are usually required by private obligees