Fidelity Bond

A fidelity bond protects employers from employee theft by guaranteeing the employers money and property when an employee causes damage through careless or dishonest action. Typically, insurance companies and security firms are required to obtain a fidelity bond.

The Fidelity Bond market does not fluctuate much, and there are no specialty markets or programs.

An interesting side note: the name fidelity bond is misleading as it is not a bond at all, but rather a form of insurance.