Business Services Bond 8b. ($200,000) - 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 financial loss due to employee dishonesty, theft, or fraudulent acts committed while working on a client's premises. It acts as a guarantee that your business will compensate clients if an employee steals their property or funds.
Businesses that send employees to work inside their clients' homes or offices typically need this bond. Common examples include cleaning services, home health care providers, pet sitters, landscapers, pest control companies, and security services.
Clients and obligees generally require this bond to ensure they have a financial safety net in place if a contracted employee commits theft while on their property. It provides peace of mind, builds consumer trust, and demonstrates that your business takes financial responsibility for the actions of its workforce.
To get started, click Apply Now to complete our secure, approximately 5-minute online application. Once processed, your bond will be conveniently delivered to you by email. For any assistance, contact Noah Insurance Agency nationwide at 814-718-0060.
Premiums vary based on the bond amount requested, your business type, and the number of employees. Please apply online for an exact quote tailored to your business.
Bond amount requirements vary depending on your clients' preferences and the value of the property your employees access. Always verify the required amount with your clients or the requesting agency before applying.
Approval times vary depending on the specifics of your application and the underwriting process. Apply online through our secure portal to get your exact timeline and figures.
Coverage rules vary, but these bonds generally cover direct W-2 employees rather than 1099 contractors. You should verify your specific coverage needs with Noah Insurance Agency at 814-718-0060.
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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