Surety Bond Details
Cost: Depends on applic...
Fidelity Bond | ||
---|---|---|
Category: | Contractor Surety Bonds | |
Obligee: | ** Louisiana ** Generic Obligee | |
Amount: | Varies | |
Duration: | Stated on Bond | |
Expiration: | As Entered On Application |
Louisiana Fidelity Bond A fidelity bond is a form of insurance protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals. It usually insures a business for losses caused by the dishonest acts of its employees. While called bonds, these obligations to protect an employer from employee-dishonesty losses are really insurance policies. These insurance policies protect from losses of company monies, securities, and other property from employees who have a manifest intent to cause the company loss.
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