What Does Fidelity Bond Mean?

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What does Fidelity Bond mean? Read on to discover the definition & meaning of the term Fidelity Bond - to help you better understand the language used in insurance policies.

Fidelity Bond

Fidelity Bond

A bond which will reimburse an employer for loss, up to the amount of the bond, sustained by the employer named in the bond (the insured) due to any dishonest act of a covered employee.

We hope the you have a better understanding of the meaning of Fidelity Bond.

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