Question

Which fidelity bond form provides coverage against public employee dishonesty?

Option 1: ERISA Bond
Option 2: Business Services Bond
Option 3: Standard Employee Dishonesty Bond
Option 4: Public Official Bond

Answer 1

The Standard Employee Dishonesty Bond provides coverage against public employee dishonesty.

Step-by-step explanation:

The fidelity bond form that provides coverage against public employee dishonesty is the Standard Employee Dishonesty Bond. This bond specifically protects businesses against fraudulent or dishonest acts committed by their employees, including theft, embezzlement, and forgery. It provides financial compensation for any losses the business may suffer as a result of these acts.