Schedule bond
Term · Insurance and risk management · MLC-T-INS-003021
A type of fidelity bond that lists each employee covered by name or position, along with a specific amount of coverage for each. This contrasts with a blanket bond, which covers all employees collectively. Schedule bonds are used when an employer wants to specify coverage limits for individual employees based on their roles or access to assets.
| Identifier | MLC-T-INS-003021 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003021",
"term": "Schedule bond",
"field": "Insurance and risk management",
"definition": "A type of fidelity bond that lists each employee covered by name or position, along with a specific amount of coverage for each. This contrasts with a blanket bond, which covers all employees collectively. Schedule bonds are used when an employer wants to specify coverage limits for individual employees based on their roles or access to assets.",
"url": "https://mlchart.com/terminology/insurance/schedule-bond/"
}
Record 3,065 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.