Denied for Fidelity Bond

[Carboholic]

I had recently applied for a Fidelity Bond, but was denied. What factors are taken into consideration to determine approval? And can you give me some examples of why someone would be turned down for this kind of bond?

[Admin]

Fidelity bonds are very low risk for the bonding companies and rarely declined. Typically, applicants are turned down for fidelity coverage for the manor in which they operate or due to the type of fidelity bond they require (Third-party fidelity).

You can always ask the reason for declination.