Fidelity Bonds

Although most businesses feel their assets are secure, employee theft can and does occur. When safeguards such as thorough employee screening and careful supervision aren’t enough, Nationwide offers fidelity bond coverage to protect against employee theft.

A fidelity bond should be considered when one or more of your employees are entrusted to handle cash or other valuable assets. Fidelity bonds include business services bonds (i.e., janitorial services bonds), standard employee dishonesty bonds and ERISA bonds.

Learn about fidelity bond options
Find the fidelity bond coverage that fits your unique situation:

Business services bonds
Business services bonds provide protection for the loss of a customer’s money, equipment, supplies and personal belongings caused by dishonest acts of your employees while on the customer’s premises. More than providing protection, this type of fidelity bond is effective in differentiating your business from competitors who aren’t bonded for fidelity. A business services bond can be a good solution for businesses like:

Janitorial services
Contractors
Dog sitters
House sitters
Standard employee dishonesty bonds
Standard employee dishonesty bonds protect your business from financial loss due to the fraudulent activities of an employee or group of employees. The loss can be the result of employee theft of money, securities or other property. This type of fidelity bond can be a good solution for businesses like:

Non-profit organizations, such as YMCAs, Boy Scouts and condo associations
Professional offices, including CPAs, dentists and physicians
ERISA bonds
ERISA bonds protect participants and beneficiaries from dishonest acts of a fiduciary who handles employee benefit or pension plans, including 401(k)s. The Employee Retirement Income Security Act of 1974 - "ERISA" - requires trustees of pension plans to have fidelity bond coverage equal to at least 10% of the total plan’s assets.

Not looking for a fidelity bond? Find out more about our other bond products
If fidelity bonds aren’t what you’re looking for, find out more about our other surety bond products today:

Commercial bonds
Contract bonds
Court bonds