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| Originally Posted by Admin Unfortunately, it is not quite as easy as just getting "bonded". Most people see a locksmith or janitorial company using the text "insured and bonded" in their advertising material and assume it is a good idea for them as well. This type of bond is called a fidelity bond. This class of business is considered an insurance product, not a true surety bond. They would pay out in the event that someone within your company was stealing and was convicted of doing so.
Really what you have to ask yourself is, what do you want the bond to guarantee? |
I want to place insurance on the property managers in the event anything was taken from the property, up to a million dollars