A Commercial Blanket Bond is an insurance product that covers an employer for losses caused by the dishonest acts of its employees on a blanket basis, offering a maximum limit of coverage for any one loss, regardless of the number of employees involved.
A fidelity bond is an insurance policy that provides coverage against specified losses arising from dishonest acts or defalcations by an employee.
A Position Schedule Bond is a type of fidelity bond that provides financial protection to businesses by covering losses resulting from fraudulent or dishonest acts by specifically named employees.
