Stacking Bonds

[Bond Magician]

If I need a fidelity bond over $100k, can I just get a certain amount of bonds that will add up to that bond amount?

[marietta68]

Originally Posted by Bond Magician

If I need a fidelity bond over $100k, can I just get a certain amount of bonds that will add up to that bond amount?

If you need a $100,000+ fidelity bond, will the entity who asked for that limit be satisfied by multiple bonds in smaller amounts? In the event of a claim, how would you determine the responsible insurer? Would employee dishonesty coverage satisfy the requirement? As long as the insured's controls are satisfactory to the insurer, you wouldn't have any problem getting a crime policy, or even incorporating coverage into a business owners policy (BOP).