A form of blanket bond that provides insurance coverage in the event of losses incurred as a result of employee misdeeds such as theft or fraud. Coverage is based on certain designated positions and may differ depending on the type of position. If a loss occurs through actions of multiple employees who hold the same position, the coverage extends to all of them.
Related information about blanket position bond:
- Blanket Position Bond: Definition from Answers.com
Blanket Position Bond Covers all employees of a business on a blanket basis with the maximum limit of coverage applied separately to each employee guilty.
- blanket position bond - Insurance Glossary
blanket position bond - Coverage for employee theft of money, securities, or property, written with a limit that applies to each position named in the policy, ...
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Get Fast Quotes, the best price on Blanket Position Employee Dishonesty Bonds - Licensed in all 50 states. Brunswick Companies offers access to more surety ...
- Blanket Position Bond - Financial Dictionary - The Free Dictionary
A bond or insurance policy covering a company in the event it loses money as the result of employee theft or fraud. Unlike a blanket fidelity bond, it provides a ...
- Blanket Position Bond Law & Legal Definition
Blanket position bond is one of the two common forms of blanket bond. The bond protects the employers against the actions of employees who hold specific ...
- What is blanket position bond? definition and meaning
Definition of blanket position bond: A form of blanket bond that provides insurance coverage in the event of losses incurred as a result of employee misdeeds ...
- blanket position bond Definition | Business Dictionaries from ...
blanket position bond. covers all employees of a business on a blanket basis with the maximum limit of coverage applied separately to each employee guilty of a ...
- 3.90.050 Employees faithful performance blanket position bond.
SMC 3.90.050 Employees faithful performance blanket position bond. A. All officers and employees of the City, including employees of the Seattle Public Library, ...