TechInsurance vs Travelers: How Do They Compare for Fidelity Bonds?

TechInsurance arranges fidelity bonds online and describes coverage options. Travelers offers ERISA fidelity protection for employee benefit plans against fraud or dishonesty losses.

TechInsurance explains first-party, third-party and ERISA bond options with online applications; Travelers lists ERISA fidelity for benefit plans through agents. ^1,^2,³

What Are the Key Differences Between TechInsurance and Travelers Fidelity Bonds?

Multiple Bond Types Versus ERISA Plan Protection

TechInsurance lists first-party, third-party, employee-dishonesty, business-service, janitorial and ERISA bonds, with examples including cleaning, healthcare and security firms. Travelers describes ERISA fidelity for benefit plans against fraud or dishonesty by people handling plan funds. TechInsurance’s online page explains more variants; Travelers names a specific plan-asset use. ¹ ² Choose TechInsurance if you need to compare bond forms or apply online; choose Travelers if you need an ERISA plan bond through an independent agent.

Who Issues and How You Buy

TechInsurance’s reviewed page does not name a surety for a standard fidelity bond, but says an ERISA fidelity bond must be purchased from a surety company authorized by the U.S. Department of the Treasury, and you request quotes online. Travelers catalogs ERISA fidelity as a product it provides, bought through a Travelers independent agent. ¹ ³ ²

Audience and Cost Detail

TechInsurance names web hosting, project management, cleaning, healthcare and security-guard companies as example buyers, and says cost varies with bond amount, type, industry, employee access and credit score. Travelers’ reviewed pages do not name specific eligible business sizes or industries for the ERISA fidelity product itself, and they do not publish bond amounts or premiums. ¹ ² ³

What Should You Confirm in TechInsurance and Travelers Fidelity Bonds Quotes?

Ask TechInsurance which variant is quoted and, for ERISA, which Treasury-authorized surety issues it. ¹
Ask the Travelers agent for the bond amount, the named plan and who is treated as a handler of plan funds. ²
Confirm whether you need a first-party or third-party form from TechInsurance in addition to, or instead of, Travelers’ ERISA plan-asset cover. ¹ ²
Ask TechInsurance how cost is calculated for the quoted bond type; ask Travelers for the premium and any deductible, which its pages do not publish. ¹ ³

TechInsurance vs Travelers Fidelity Bonds Compared

TechInsurance vs Travelers: Fidelity Bonds: documented features by provider

Criteria	TechInsurance Fidelity Bonds	Travelers ERISA Fidelity Insurance
How to Apply	You request fidelity bond quotes online through a short application; TechInsurance says its licensed agents can help add fidelity bonds to a broader coverage package. ¹Company-reported. Fidelity bonds product page.	ERISA fidelity coverage is bought through a Travelers independent agent. ³Company-reported. Surety Bonds page "Find an insurance agent" call to action.
Coverage Features	TechInsurance says fidelity bonds cover employee fraud, theft, forgery and embezzlement against the business or its clients, and distinguishes first-party bonds (protecting the business itself) from third-party bonds (protecting clients), plus employee dishonesty, business service, janitorial and ERISA bond variants. ¹Company-reported. Fidelity bonds product page; general policy description, not a specific bond form.	Travelers describes ERISA fidelity insurance as covering an employee benefit plan against losses caused by acts of fraud or dishonesty, such as theft, embezzlement or forgery, by the people who handle plan funds. ²Company-reported. Management & Professional Liability Insurance page, ERISA fidelity insurance entry; exact terms and required minimum bond amounts are set by ERISA and the issued bond.
Role in This Line	TechInsurance arranges fidelity bonds, describing them as a type of commercial crime insurance and a type of surety bond, distinct from a traditional insurance policy in that the bonding company can seek repayment from the employee responsible for a dishonest act. ¹Company-reported. Fidelity bonds product page.	Travelers lists ERISA fidelity as one of its Management & Professional Liability products, and separately lists ERISA Fidelity among the bond types it provides on its surety bond page. ^2,³Company-reported. Management & Professional Liability product list and Surety Bonds product list.