Fidelity Bonds
A fidelity bond, sometimes called commercial crime coverage, is a bond which indemnifies the insured for loss caused by the dishonest and fraudulent acts of its covered employees. In addition, a fidelity bond typically covers the insured against the following:
• Forgery or alteration
• Loss inside the premises caused by theft, disappearance, destruction, robbery and
safe burglary
• Loss outside the premises caused by the robbery of a messenger
• Computer crime coverage
• Fraudulent real property mortgage coverage
• Coverage offered for forged or fraudulently altered documents which provide coverage for
your company’s legal liability to repurchase a real estate loan from a mortgage investor, as a
result of a forgery or fraudulent alteration of an original real estate document(s)
