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Fidelity Bonds - Commercial Cleaning Contracts


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Old 09-25-2007, 04:50 PM
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Default Commercial Cleaning Contracts

We have two commericial contracts cleaning. Recently property was stolen. Can commericial owed businesses be bonded in your agency. How much money is needed.
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Old 09-25-2007, 05:02 PM
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Default Commercial Cleaning Contracts

Quote:
Originally Posted by apprentice35
We have two commericial contracts cleaning. Recently property was stolen. Can commericial owed businesses be bonded in your agency. How much money is needed.

If you are looking for janitorial service bonds (fidelity) - yes, we can write that. However, be aware that if you are bonded and there is a theft, the bond only pays out if the individual accused of stealing is charged AND convicted of the crime. Premiums are very reasonable.
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Old 10-15-2007, 10:16 AM
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Do these bonds cover damage to propert as well?
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Old 10-15-2007, 11:13 AM
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Default Commercial Cleaning Contracts

Quote:
Originally Posted by apprentice35
Do these bonds cover damage to propert as well?

No - any damage would probably be covered by your regular insurance. The Janitorial Services Bond only provides for employee dishonesty or theft.
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