Business Services Bond 8c. ($200,000) - 16 or more employees — required surety bond in Federal. Apply online in minutes.
A Business Services Bond is a type of fidelity bond that protects a business's clients from financial loss due to employee theft or dishonest acts committed on the client's premises. It serves as a financial guarantee that the business will take responsibility for the actions of its workforce.
This bond is generally needed by companies that regularly send employees into customers' homes or offices. Common examples include cleaning services, home healthcare agencies, pet sitters, security guards, and contractors. Purchasing this bond is a practical way for service providers to market themselves as a bonded and trustworthy company.
Clients often require this bond as a condition of a service contract to ensure they have a reliable mechanism for financial recovery in case an employee steals their property. It provides peace of mind and demonstrates the service provider's professional credibility. Specific bonding requirements vary by client, so businesses should verify exact needs directly with the requesting party.
Click Apply Now to start your secure online application. The entire process takes approximately five minutes to complete. Once processed, your bond will be delivered directly to you by email.
It generally covers financial losses sustained by your clients due to theft, fraud, or dishonest acts committed by your employees while working on the client's property.
Premiums vary based on your business details and the requested coverage amount. For an exact figure, please apply online or contact Noah Insurance Agency at 814-718-0060.
Bonding requirements vary depending on your business size, structure, and client contracts. Always verify the necessary coverage with the requesting party or apply online for details.
While primarily designed for businesses with employees, solo operators may still be asked for similar coverage by clients to secure a contract; requirements vary, so check your client agreements carefully.
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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