Employee Dishonesty Bonds
Crime not only affects business – it can ruin it. Crimes like embezzlement, computer fraud, counterfeiting, and employee dishonesty could be potentially disastrous to your bottom line and your reputation.
At Anastasi Insurance, employee dishonesty bonds, or fidelity bonds, are purchased in order to protect against losses of money, securities and property. The causes of such loss can be employee dishonesty, forgery, theft, burglary, robbery, kidnap, extortion, and fraud.
Let’s face it; no business is immune to crime or employee dishonesty, and without the proper coverage in place, a large theft can put the future of your business in jeopardy. In fact, the Association of Certified Fraud Examiners estimates most businesses will lose an average of 6% of their annual profits because of employee crimes and breeches of fidelity. ACFE goes on to say that small businesses, in particular, are found to lose almost twice as much per scheme to fraud. And, contrary to most assumptions, general property and business liability policies do not provide crime and fidelity protection. Only a fidelity bond from Anastasi Insurance can truly protect your business.
Most fidelity bonds either exclude crime related losses, or offer a minimal sublimit. Our fidelity bond program is unique, and by working together, we can determine the amount of coverage that is appropriate for your business. Contact us today to learn more about our fidelity bond program before it’s too late!