What is a Kansas Employee Theft Bond?
The Kansas Employee Theft Bond is a comprehensive pledge that service provider firms will be protected from financial wreck due to workers stealing from them, from employees who use employer possessions without authorization, and from those who mismanage employers’ resources.
The bond likewise protects proprietors from people who cheat on them by stealing their product designs and trade secrets and commit other fraudulent activities that can lead to the organization’s downfall.
It is also a substantial declaration that service provider companies will abide by all the legal stipulations contained under the Kansas state laws and that offenders will be sentenced according to the Kansas Sentencing Guidelines.
Why do you need the Kansas Employee Theft Bond?
You need the Kansas Employee Theft Bond because you want to keep an eye on your reputation as a business owner while providing your clients your kind of service.
Knowing fully well that fraudulent workers who misappropriate your clients’ money or pilfer personal belongings can significantly devastate your business image, an employee theft bond is very important.
If you want to have a big slice of Kansas’ clientele, then you will need this bond to enhance your credibility as an entrepreneur and to make your service brand attractive to potential customers and future business collaborators.
More details about the New Mexico Employee Theft Bond
The central categories of the Kansas Employee Theft Bonds are:
- Name Schedule Fidelity Bond –This type of theft bond demands unqualified evidence that an employee on the list given to an insurance company and covered by the bond stole from you.
- Blanket Position Bond – In this category, all employees who work in a designated position(s) are covered, and new employees are added automatically. Claims do not need irrefutable proof that someone on the list did the stealing.
- Primary Commercial Blanket Bond - This covers each employee in a company.
What is the cost of the New Mexico Employee Theft Bond?
The amount of the Kansas Employee Theft Bond will depend on the category of business you are engaged in and the type of clientele you cater to.
The bond’s premium payments will essentially rely on your credit mark and business financial history. Premiums are not expensive; however, if you have a low credit score or a problematic financial record, you may be required to pay more.
How can I get a Kansas Employee Theft Bond?
Getting this bond is simple. Be sure to contact only legitimate practitioners in the field of surety and immediately give them a call.
With a genuine surety bond firm taking care of your business affairs, you will have the answers you need and the solution to whatever concerns you have in protecting your business.