Topic: Employees Bonded
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Answers to Common Questions
What Does it Mean to Have an Employee Bonded?
Employee fraud costs businesses $3 billion in profits every year. Embezzlement, forgery and outright theft can disastrously affect a company's bottom line. For this reason, many companies insure their employees through a process called bond... Read More »
Source: http://www.ehow.com/facts_7340154_mean-employee-bonded_.html?ref=...
What is a bonded employee?
This usually means the employee has obtain a fidelity bond - usually a guarantee against dishonesty losses such as embezzlement. One caveat though... most fidelity bonds have an arrest and conviction clause in the fine print. If you are an ... Read More »
Source: http://wiki.answers.com/Q/What_is_a_bonded_employee
How to Bond Your Employees & Use Blanket Liability Insurance
Any business with employees should consider a bond or blanket dishonesty insurance to protect the business and its customers from potential fraud. There are several simple steps to take in order to get the protection you need. Read More »
Source: http://www.ehow.com/how_6398343_bond-use-blanket-liability-insura...
More Common Questions
Answers to Other Common Questions
The times that I have been bonded, I was asked to sign a release so the investigatory agency the employer hired could access all kinds of personal history data. So, of course, I knew I was bonded. I've never heard of anyone being bonded who...
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Source: http://wiki.answers.com/Q/How_aware_is_the_employee_of_being_bond...
Fidelity bond provided under a blanket position bond (in which each position is covered on an individual basis) or a commercial blanket bond (in which a loss is covered on a blanket basis regardless of the number of employees causing the lo...
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Source: http://www.answers.com/topic/public-employees-blanket-bond
Bonding is usually supplied by your business insurance agent under your business liability coverage or sometimes a separate policy.
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Source: http://wiki.answers.com/Q/How_can_you_get_your_employees_bonded
James Bond pretends to be a member of Universal Exports .
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Source: http://wiki.answers.com/Q/Which_organization_does_james_bond_pret...
Federal law requiring that all pension plan trustees and anyone else who handles pension funds must obtain a fidelity bond . This bond covers the plan in the event of embezzlement and theft. It is important to note that this bond does not p...
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Source: http://www.answers.com/topic/employee-retirement-income-security-...
This is the answer I got from Alison Rogers, a real-estate agent: You don’t mention which bank you’re using, but at this point, most lenders in the conforming space — which for big-city co-ops is any loan up to $729,750 — are going to adher...
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Source: http://www.trulia.com/voices/Financing/Fidelity_bond_Employee_Dis...
The term “handling” carries a broader meaning than actual physical contact with “funds or other property” of the plan. A person is deemed to be “handling” funds or other property of a plan so as to require bonding whenever his duties or act...
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Source: http://www.dol.gov/ebsa/regs/fab2008-4.html
