When to Offer Your Customers Commercial Crime Coverage May 24, 2022 Picture this: A business owner falls victim to employee theft in an amount that exceeds the coverage afforded to them in their standard business owner’s policy. Naturally, they are distraught as they have to eat the remaining costs. After researching how to ensure …
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Fidelity Bonds: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Fidelity Bonds What is a Fidelity Bond? Fidelity bonds, commonly referred to as employee dishonesty or business services bonds, are a class of surety bonds that provide protection to customers from theft when a business service provider has …
What is an ERISA Bond? At a Glance: Lowest Cost: $116 for a 3-year term or $4 per month, based on the bond amount Bond Amount: Minimum of 10% of the total plan assets Who Needs It: Employee benefit plan trustees Purpose: To ensure that plan beneficiaries will receive compensation for financial harm should the …
Pod Teaching Unknowns Spell Opportunity for Insurance Agents September 1st, 2020 Schools nationwide have suspended most in-person instruction for at least the fall semester of the 2020 school year, forcing educators to transition students to on-line instruction. With many parents still working from home without the necessary resources to facilitate their child’s school day, some …
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