What is a Third Party Crime or Fidelity Surety Bond?
A Third Party Crime or Fidelity Surety Bond is used to protect the assets of a company other than your own. The Third Party Crime or Fidelity Surety Bond is typically required as part of a service contract when your employees are entering/working on the premises of another business. Should a covered loss occur, the insurance company may pay up to the policy limit for the covered loss less any deductible.
What is the current market for a Third Party Crime or Fidelity Surety Bond?
Third Party Crime or Fidelity Surety Bonds are written by multiple insurance companies. Coverage amounts vary and are typically outlined by the third party in related contract documents or requests for proposal. Please note that higher amounts of coverage may be obtained as the business requesting the Third Party Crime or Fidelity Surety Bond is merely outlining the minimum amount of coverage necessary. DBL Surety always recommends that a company purchase the largest amount of coverage available or the amount most closely aligned with the company’s risk tolerance.
How do I apply for a Third Party Crime Bond?
- Start by filling out our Third Party Crime Bond application
- E-mail or fax the information to email@example.com or (888) 204-8716
Please note that additional underwriting information may be needed depending on bond request, information submitted, and to obtain the lowest possible rate.