Business Services Bond 9b. ($250,000) - 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 theft or dishonest acts committed by your employees. It guarantees that if an employee steals money or property while working on a client's premises, the surety company will compensate the client.
Businesses that regularly send employees into customers' homes or private offices typically need this bond. This commonly includes residential and commercial cleaning companies, pet sitters, home healthcare providers, and various service contractors.
Clients and business partners often require this bond before signing a contract to ensure they have financial recourse in the event of employee theft. It provides peace of mind, demonstrates your company's professional credibility, and protects the obligee's assets while your staff is on their property.
Click the Apply Now button to complete our secure, five-minute online application. Once your details are reviewed by Noah Insurance Agency, your finalized bond will be delivered directly to you by email.
Premiums vary based on your business details, the number of employees, and the requested coverage amount. Please apply online with Noah Insurance Agency or call us at 814-718-0060 for an exact figure.
Bond amount requirements vary based on the specific demands of your clients or business contracts. You must verify the exact figures required with your client or the requesting agency before applying.
No, a Business Services Bond is specifically designed to cover losses resulting from employee theft or dishonesty on a client's property. It does not replace general liability or property damage insurance.
Approval times vary depending on the application details and underwriting. As a nationwide licensed agency, Noah Insurance Agency processes requests quickly; apply online for exact timeline information.
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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