Courier Service

[Mother Bond]

Why wouldn't a surety company be interested in approving a Fidelity Bond for a courier service who would be handling negotiable items?

[Bond Magician]

Originally Posted by Mother Bond

Why wouldn't a surety company be interested in approving a Fidelity Bond for a courier service who would be handling negotiable items?

Most companies will not agree to bond a company transporting negotiable instruments (cash, checks, etc) simply because they are tempting, easy to steal, and can be cashed by anybody that has access to them. The chances of a theft or loss are significantly higher and the chances of a surety company having to pay a claim are much greater whenever cash or negotiable instruments are being handled.