Say whose property your people handle
List what employees touch: your company’s cash and inventory, client property and benefit-plan funds. Your Spot team keeps each owner separate.
Cedar AdvisoryOrganized by Spot
Fidelity Bond Quotes
Get fidelity bond quotes with Spot
Tell your Spot team whose money and property your people handle, and we prepare the submission brokers use to quote fidelity coverage.
Get quotes from 15+ fidelity bond providers
- Whose property your people handle, identified up front
- Business, client and benefit-plan interests quoted separately
- Keep your broker or switch, with no commissions on premiums
How it works
Name the people with access
We write down who handles money and property, including temporary workers, since the quote defines who counts.
Fidelity bonds
Cedar Advisory · Policy review
- Policy wording
- Coverage limits
- Compare with
- Contract requirements
Confirm with your broker
Limits, exclusions, and endorsements
Brokers take it to market
We work with brokers to request bonds or employee-dishonesty policies, and follow up on what insurers ask about your procedures.
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JamieCedar Advisory
What do we need to request fidelity bonds quotes?
RileySpot
Let’s prepare the information for your broker and compare the terms, not just the price.
Check each interest is protected
Compare what each proposal covers for your business, your clients and any benefit plan, and whether a required bond form is met.
Insurance documents
Quote requestFidelity bonds
Coverage limits · Policy terms
Cedar Advisory
What you’ll need
- 01
Your business’s money and inventory
The funds and stock employees handle, which the quote should name.
- 02
Client property
Property belonging to clients that your workers can access.
- 03
Benefit-plan assets
Plans you manage, since an ERISA plan has its own fidelity bond requirement.
- 04
People who handle funds or property
Employees, temporary workers and others, described by what they handle.
- 05
Controls over money handling
Approvals and separation of duties that underwriters ask about.
- 06
Prior losses
Past thefts or dishonest acts and how they were found.
- 07
Requirements from a client or plan
Any contract or plan rule that sets the bond form or amount.
What affects your price
- 01
How much people handle
More money and property in staff hands means more exposure.
- 02
How many people have access
A larger group handling funds raises the risk.
- 03
Whose property is covered
Protecting client or plan interests, as well as your own, adds to the quote.
- 04
Limit and deductible
Higher limits cost more, and a higher deductible can lower the price.
- 05
Controls and loss history
Safeguards on handling money, and past thefts, shape the price.
Providers your broker can approach
Get quotes from 15+ fidelity bond providers.
- AIG
- Beazley
- CNA
- Coverdash
- Founder Shield
- Gallagher
- Heffernan Insurance Brokers
- And many more
Common questions
Is a fidelity bond the same as a surety bond?
No. Fidelity concerns loss from dishonest acts by employees. A surety bond guarantees an obligation to another party.
Does fiduciary liability replace the plan’s fidelity bond?
No. Fiduciary liability is for claims about breaches of responsibility. An ERISA fidelity bond protects the plan against fraud or dishonesty.
Is this the same as crime insurance?
They overlap on employee theft. Spot has a separate crime page, and we compare both when you need broader theft and fraud protection.
Can my broker arrange a fidelity bond?
Yes. Spot works alongside brokers and takes no commissions on premiums, and helps you move to another broker if you want.
Related
Get insurance off your to-do list.
Tell your Spot team whose money and property your people handle, and we prepare the submission brokers use to quote fidelity coverage.
Get StartedLearn more before you get quotes
Read these before you choose a policy or an insurer.
