Name Schedule Fidelity Bond
A name schedule fidelity bond insures an employer for loss caused by the dishonest act of employees. Unlike a blanket bond covering all employees, this bond lists individual employees by name, thus the term “name schedule”. This bond is particularly important for those who hire “high risk” employees. Individual names are listed in a schedule attached to the bond, and a specific amount of coverage is listed for each individual. The bond protects employers from financial or property losses due to the dishonesty of employees.
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