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BoolQ / is fidelity bond the same as crime insurance

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is fidelity bond the same as crime insurance
passage · full text (696 characters)
While called bonds, these obligations to protect an employer from employee-dishonesty losses are really insurance policies. These insurance policies protect from losses of company monies, securities, and other property from employees who have a manifest intent to i) cause the company to sustain a loss and ii) obtain an improper financial benefit, either for themselves or another party. There are also many other coverage extensions available through the purchase of additional insuring agreements. These are common to most crime insurance policies (burglary, fire, general theft, computer theft, disappearance, fraud, forgery, etc.) and are designed to further protect specific company assets.

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task_id
909e6dfa-5cff-59fa-9ab1-b6efea879cd3
task_key
default--validation--909e6dfa-5cff-59fa-9ab1-b6efea879cd3
task_revision_id
1
config / split
default / validation

Official source

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