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Dishonest Employees?
Dishonest Employees?
You can better protect your company by having in place a Business Service Bond, otherwise known as an Employee Theft from Customer Bond.
A Business Service Bond will protect your business from dishonest acts by your employees while they are working on or around your customer's property or money. If an employee is convicted of theft, the insurance company will reimburse the business any monetary loss up to the limit of the bond and will pursue legal action against the dishonest employee to recover any payout by the surety company.
Although many types of businesses can benefit from Business Service Bonds, they are most commonly issued for the following types of businesses: janitorial & window cleaning services, caterers, security companies, contractors, home nurse care agencies, installation & personal service firms, real estate agencies, and temporary help employment agencies.
Business Service Bonds are a great advertising tool because they offer an extra sense of protection for your customers - which can lead to more business for your company. Not only will they help you secure more business and referrals, but these bonds are also relatively inexpensive and provide security at a low cost.
Obtaining a Business Service Bond is a fairly simple process. In most cases, you complete a simple application; provide your business name, address, number of full and part time employees, and whether or not you have sustained any employee dishonesty losses in the last six years.
It's as simple as that.
For more information contact The Starr Group to protect your company from a dishonesty loss today!
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