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Bonds
Black Bear Insurance Agency offers a variety of bonds for your business needs:

The business services fidelity bond provides protection against financial liability for the loss of a customer's money, securities, and personal property caused by dishonest acts of the employees of the insured while on the customer's premises upon conviction. Limits for this coverage range from a minimum of $2,500 to a maximum of $100,000. Some of the more frequently requested bonds are for subcontractors, temporary employment agencies, home health care, janitorial and security guard services.

Here are two examples of how the bond could work for your business:

1.) You have a cleaning service. An employee, while working in an office, notices some valuables in a drawer. After finishing work the employee puts the valuables in his pocket and leaves.

2.) You are a subcontractor. On the job site, your employee notices some electronic equipment he could use. When no one is looking he puts it in a box and takes it out to his truck.

Beyond protection from liability for employee dishonesty, having a Business Services Bond can give you an important competitive advantage. Being able to say, "Our people will be bonded for honesty while on your job" could make a difference in whether a job comes to you or goes to someone else. Your business can also utilize the Business Services Bond as a marketing tool in advertisements and proposals. Please contact our office for more information on this bond and for a quote to protect the services of your business.

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