financial institution bond
A financial institution bond is used to insure banks and other financial institutions against employee dishonesty, burglary, robbery, forgery, and similar crime exposures.
financial institution bond
A financial institution bond is used to insure banks and other financial institutions against employee dishonesty, burglary, robbery, forgery, and similar crime exposures.
Additional Information
Previously called a "bankers blanket bond," coverage may be provided on standard forms from Insurance Services Office, Inc. (ISO), or the Surety and Fidelity Association of America (SFAA) or on a form drafted by individual insurers.
