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Protect your company
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Employee Theft costs US businesses billions of
dollars each year. You can protect your company with fidelity
bonds through the Washington State Bonding Program
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What is a fidelity bond?
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It is a form of insurance that covers you
against loss due to employee theft, forgery, larceny or
embezzlement. Fidelity bonds provide 100% insurance
coverage, have no deductible and premiums are not set according
to risk.
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What can the bonding program do for you?
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We can help protect your company by providing
fidelity bonds for your high-risk employees. This includes those
with bad credit, little work experience, or a history of drug
use or incarceration. Most insurance companies will not cover people
who are considered high-risk, but we do - and at no cost to you.
Best of all there are no forms to fill out and no waiting
period.
(Note: We do not provide fidelity bonds
for the self-employed).
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Having trouble getting bonded?
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The Washington State Bonding Program can help.
There are no forms to fill out and no waiting period.
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What is a bond?
- It is actually called a fidelity bond. And it
protects employers against loss due to employee theft, forgery
or embezzlement. Certain businesses require that all employees
who handle cash or valuables are bonded. This includes banks,
insurance companies, janitorial services, and security
companies.
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- How do you get a bond?
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You can get a bond through a bonding company.
However, if you are considered high-risk, most carriers will not
cover you. High-risk means you have bad credit, little
work experience, or a history of drug use or incarceration. This
is where we can help.
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What can the Bonding Program do for you?
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We can provide a bond if you do not qualify
for a traditional bond. The only requirements are that you live
in Washington, are at least 16 years old and pay federal taxes.
You must have a job before we can help because all bonds are
attached to your employer.
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