A Fidelity Bond reimburses an employer for losses resulting from dishonest acts of employees. Most companies are vulnerable to crime committed by an employee and should have strong internal controls in place i.e. someone who cannot deposit or withdraw funds reconciles bank accounts, counter signature requirements, etc. We recommend having an annual audit of operations performed by someone outside of your company annually i.e. accountant, C.P.A, etc. If you hire Independent Contractor notify us as coverage may not be included under the Fidelity Bond for the acts of the independent contractor. Fraud is big business..so be prepared!