Fidelity Bond/Fidelity Guarantee Insurance
The US Commerce Department estimates the annual cost of employee theft to be $40 billion (ten times as much as street crime). There is often a direct correlation between a decline in the general economy / lack of employment and an increase in the number of Fidelity Bond /Guarantee (FB/G) claims. But proving a loss under this type of policy is quite an arduous task. Several unique factors apply to an FB/G policy due to the varying nature of events.
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