Employee Dishonesty Bond for 100k HELP?

[Bond Guy]

I am needing to be bonded for 100k however I have bad credit. I understand now with the new credit policy's it is hard on me with everyday life. I work for a Management Company who has 6 senior or family housing units. I have done outside work for them for almost 15 years now. Since I had to have back surgery I now work in the office, however there are some aspects of my job that I need to bonded for. I have potential to move up in hours and in my job but cannot with my credit. As I said, I do understand the new credit policy's BUT, I have NO criminal background! I have medical bills that my son's father has no intent on helping with and has thus filed bankruptcy. So how am I expected to get my credit back in order when I am being held back from a job with potentially more hours and a more defined position when I can't get bonded? Can you please help me???? Thank you in advance.

[Bond Magician]

I am needing to be bonded for 100k however I have bad credit. I understand now with the new credit policy's it is hard on me with everyday life. I work for a Management Company who has 6 senior or family housing units. I have done outside work for them for almost 15 years now. Since I had to have back surgery I now work in the office, however there are some aspects of my job that I need to bonded for. I have potential to move up in hours and in my job but cannot with my credit. As I said, I do understand the new credit policy's BUT, I have NO criminal background! I have medical bills that my son's father has no intent on helping with and has thus filed bankruptcy. So how am I expected to get my credit back in order when I am being held back from a job with potentially more hours and a more defined position when I can't get bonded? Can you please help me???? Thank you in advance.

An Employee Dishonesty bond is one type of bond that is not based on personal credit. The quote; however, is based on three main factors - the amount of coverage that you want, the number of employees, and the number of owners/officers, and whether or not they need to be covered.
Also, your criminal background does not come into play either. A fidelity bond covers a person/position for the benefit of the employer for whom the person is providing services for (ex - handling funds, checks, other goods, etc) belonging to the employer.
The policy would reimburse the employer in the event of a loss, but the bond will be on a Dishonesty B form that contains a conviction clause. This means that the criminal conviction of the defaulting employee is required before the coverage applies.

Hope this helps!

[Surety Queen]

An Employee Dishonesty bond is one type of bond that is not based on personal credit. The quote; however, is based on three main factors - the amount of coverage that you want, the number of employees, and the number of owners/officers, and whether or not they need to be covered.
Also, your criminal background does not come into play either. A fidelity bond covers a person/position for the benefit of the employer for whom the person is providing services for (ex - handling funds, checks, other goods, etc) belonging to the employer.
The policy would reimburse the employer in the event of a loss, but the bond will be on a Dishonesty B form that contains a conviction clause. This means that the criminal conviction of the defaulting employee is required before the coverage applies.

Hope this helps!

To apply for a fidelity bond, please visit the following link:

https://www.jwsuretybonds.com/apply_fidelity.htm