Fidelity Bonds
Fidelity surety bond — what it is, what it costs, and how to get one.
Get notified when we openWhat is a fidelity bond?
A fidelity bond protects a business and its clients from financial losses caused by dishonest employees — including theft, fraud, embezzlement, and forgery. Unlike most surety bonds, a fidelity bond works more like coverage for the bondholder, making it a smart safeguard for any business that handles money or client property.
Who needs a fidelity bond?
Any business with employees who access cash, accounts, or customer property can benefit, and some clients or contracts require one before they'll work with you. Retirement-plan administrators are required by federal law to carry an ERISA fidelity bond.
How much does a fidelity bond cost?
Fidelity bonds are generally affordable, with premiums based on the coverage amount and the number of employees covered. Because they cover a defined dollar limit rather than open-ended liability, they're one of the more budget-friendly ways to protect against internal loss.
How to get a fidelity bond
Decide on the coverage amount you need (or the amount your contract or plan requires).
Tell us how many employees should be covered.
Receive your quote and pay the premium.
Get your bond and add it to your business records.
Frequently asked questions
Only in specific cases — most notably ERISA bonds for retirement-plan handlers. Otherwise it's optional but recommended.
Standard fidelity bonds cover employees; owner coverage may need a separate arrangement.
Related bonds
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We're not issuing bonds yet. Leave your details and we'll reach out as soon as Sunset National Insurance Company is licensed.
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