Overview of Employee Dishonesty Bond Requirements

The employee dishonesty bond is a type of fidelity bond. Its purpose is to provide protection to businesses that obtain it against cases of theft, fraud, forgery and other types of dishonest actions.

These bonds are not required of businesses by law but are typically obtained to add another level of protection. They are often, but not only, obtained by businesses who work with financial transactions and who are at risk of such incidents. They may be issued as blanket bonds that cover all employees, but also as individual or scheduled bonds.

If an employee of yours is caught stealing or committing some other crime, you can file a claim against the bond to receive compensation. In this case, the surety will compensate you, up to the full penal sum of the bond, depending on the nature of the crime and the losses and damages sustained by you.

Start your surety bond application today! Why us?
  • Quick turnaround - just 1-2 business days
  • Tailor-made advice on building a strong application
  • Exclusive bad credit programs

Call us at (866)-450-3412 anytime to find out more about these bonds!

Cost of Your Bond

The cost of your bond employee dishonesty bond will depend on the type of your business, the amount of coverage you request and the number of employees you have. The cost of your bond will be determined by the surety when you apply. Rates for these bonds are typically much lower than for other surety bonds.

Depending on your individual case, the surety may want to review your personal credit score before determining the cost of your bond.

Claims Against Your Bond

A claim against these bonds may arise if one of your employees is caught stealing, forging checks or other documents, stealing money or merchandise, and the like. In this case, the surety will need to take action to compensate you for any damages or losses you experience as a result of such actions by your employee.

In certain cases, an employee will need to have been convicted of their crime before you can file a claim against the bond and receive compensation. This is determined on an individual basis and you need to consult your surety when you get bonded to establish the exact conditions under which you can file a claim against the bond.

Get Your Bond Today!

To apply for your bond, complete our online bond application form. We will contact you shortly to provide you with a quote on your bond, along with additional details on completing your bond application.

Once your bond is issued, which takes at most two working days, we will forward it to you via email and standard mail.

Start your surety bond application today! Why us?
  • The lowest possible rates
  • A 100% money-back guarantee
  • Access to specialty programs, not available to small agencies

If you have any questions about these bonds or need any assistance with your application, call us at (866)-450-3412 to speak to one of our surety professionals!


About the author:
Todd Bryant
Todd Bryant is a graduate of Germantown Academy and the University of Pittsburgh College of Business Administration Honors College. He has been President of Bryant Surety Bonds, Inc., an A+ rated Business with the Better Business Bureau, since 2007. Licensed as a producer with the Department of Insurance, he has been published in the National Association of Surety Bond Producers newsletter and on numerous authoritative publications such as The Washington Post, Entrepreneur.com, Azcentral.com and many more.