What does bondable mean on a job application?


"Bondable" on a job application means a person is deemed worthy of bond or insurance coverage. The insurer provides coverage for an owner-operator or a company employee if the insurer finds that party worthy of coverage.

Insurance companies analyze several types of information when determining whether an employee is bondable. Someone who has a criminal record, particularly one with theft and/or violent crime, is much less likely to be considered bondable. Convictions for fraud and poor credit histories can also be a threat to bondability. The precise requirements vary by the line of work that the candidate is in, whether the candidate owns his or her own business or works for a larger company, and the laws of the state or country in which the company operates.

Q&A Related to "What does bondable mean on a job application?"
Bonding is a type of insurance that protects an employer against dishonest employees. It covers the company if you steal, forge, embezzle or commit larceny. Bonding is a guarantee
It means that a bonding agency would be willing to carry a bond to guarantee your behavior. Typically, if you have been pretty honest and don't have any felony convictions or bankruptcy
Are you bondable on a job application means do you have a
Bondable means that someone is willing to vouch and take on the liability of your ability to do the job. For example, if I apply for a bank teller, being bondable is like insurance
1 Additional Answer
Ask.com Answer for: what does bondable mean on a job application
What Does Bondable Mean on a Job Application?
Bonding is a way to insure against a particular event ever happening. In terms of job applications, asking whether you are eligible for a bond is a way of asking if an agency, like an insurance company, will provide the surety. In general, you're... More »
Difficulty: Easy
Source: www.ehow.com
Explore this Topic
On a job application, bonded means insurance. It is typically used by companies to insure themselves against losses that may be incurred by an employee. When bonds ...
Rehiring questions would be asking someone questions about why they should be rehired. When you are asked a question on a job application that if you are eligible ...
Relevant means pertinent, applicable, appropriate, or related. Relevant experience is a word usually used in job postings and it means having a previous work experience ...
About -  Privacy -  Careers -  Ask Blog -  Mobile -  Help -  Feedback  -  Sitemap  © 2014 Ask.com