December 18, 2017

Understanding Bonding Insurance for Employees


A bond is a form of insurance that protects businesses against potential losses caused by internal fraud, theft, or incompetence. If employees make a mistake that results in losses for the company, their insurance provider pays them for the damages. It is a contract and is not something you carry around like a driver’s license but something similar to an insurance policy that applies to a specific employer.

 

ADDRESS

P.O. Box 21157

St. John's, NL

Canada A1A 5B2

CONTACT

(709) 765-2182