Business Services Bond 1b. ($2,500) - 7 to 15 employees — required surety bond in Federal. Apply online in minutes.
A Business Services Bond is a type of fidelity bond that protects your clients from theft, larceny, or fraud committed by your employees while on the client's premises. It serves as a guarantee that your staff will conduct themselves honestly while performing contracted duties.
Companies that deploy a team of employees, such as a staff of 7 to 15 workers, to a client's home or office typically utilize this bond. Common examples include cleaning services, home healthcare agencies, landscapers, and pest control businesses.
Clients often require this bond to ensure they have a financial safety net in the event of employee dishonesty or theft. It provides peace of mind and demonstrates that your business takes client security seriously.
Click Apply Now to complete our secure, five-minute online application. If you have any questions, you can contact Noah Insurance Agency nationwide at 814-718-0060. Once your application is processed, your bond will be delivered directly to you by email.
Premiums vary based on your business profile and other underwriting factors. Apply online with Noah Insurance Agency for an exact quote.
Bond amounts vary depending on your specific business needs and client contracts. You should verify the exact requirements with your clients or the entity requesting the bond.
No, this bond generally only covers intentional acts of theft or fraud by your employees. Accidental damage is typically covered by a general liability insurance policy.
Approval times vary depending on the application and underwriting process. Apply online to ensure the fastest processing possible.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
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