MLchartDataset catalogue

Blanket fidelity bond

Term · Insurance and risk management · MLC-T-INS-000568

A type of fidelity bond that covers all employees of an organization, rather than naming specific individuals. It protects the employer against losses caused by dishonest acts of employees, such as theft, fraud, or embezzlement. This bond typically has a single aggregate limit of liability that applies to all covered employees.

Table 1. Record
IdentifierMLC-T-INS-000568
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000568",
  "term": "Blanket fidelity bond",
  "field": "Insurance and risk management",
  "definition": "A type of fidelity bond that covers all employees of an organization, rather than naming specific individuals. It protects the employer against losses caused by dishonest acts of employees, such as theft, fraud, or embezzlement. This bond typically has a single aggregate limit of liability that applies to all covered employees.",
  "url": "https://mlchart.com/terminology/insurance/blanket-fidelity-bond/"
}

Record 337 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.