Employee Dishonesty Bonds

Employee Dishonesty Bond

You should be able to trust your employees. But the fact is, according to a national survey, one third of all employees admitted stealing from employers during the previous year. This problem is so widespread, the U.S. Chamber of Commerce estimates the annual cost of employee theft at $40 billion.

For Example:

The bookkeeper of a gas station embezzled thousands of dollars aover several months. The station owner was unaware of the embezzlement until returning from vacation and finding the bookkeeper gone. The bookkeeper was arrested and convicted. The insurance company paied $8,209.88.
An employee of a home supply business stole money and merchandise, and falsified refund slips during two years of employment with the company. The insurance company paid $ 9,748.83.
Three employees of a nanny service stole items from homes in which they worked. One employee stole a gold and diamond ring, another stole a 2 carat diamond ring, and the other stole a wedding set. The insurance company paid the full bond penalty of $10,000.

Cover yourself, just in case....
You never know when employee theft can deliver a striking blow to your business. Small companies can be especially hard hit by theft and embezzlement, because the can't afford extensive safeguards and aren't large enough to absorb the losses.

The Dishonesty Bond....

Protects you and your customers from loss incurred by dishonest acts of your employees.
Covers you against acts by all company employees, part-time and full-time.
Can be obtained easilty and inexpensively.