What is a Nebraska Employee Theft Bond?
The Nebraska Employee Theft Bond is a comprehensive guarantee that needs to be obtained by service provider firms for them to be protected from financial ruin resulting from employees stealing from them, from workers who use employers’ belongings/property without permission or consent, and from that personnel who mishandle employers’ resources.
The bond likewise looks after proprietors’ rights from people who steal their product designs and trade secrets and commit other fraudulent activities that can lead to the organization’s downfall.
It is also a definite assurance that service provider companies will abide by all the legal stipulations stipulated under the Nebraska Laws on employee theft.
Why do you need the Nebraska Employee Theft Bond?
You need the Nebraska Employee Theft Bond because you want to keep an eye on your reputation as a business owner while providing your clients your brand of service. This bond is an essential aspect of your business, considering that corrupt employees who embezzle your clients’ money or make off with their personal belongings can significantly wipe out your business image and business standing. If you want to have a substantial piece of Nebraska’s clientele, then you will need this bond to boost your integrity as an entrepreneur thereby making your service brand attractive to potential customers and future business collaborators.
More details about the Nebraska Employee Theft Bond
The main classifications of Nebraska Employee Theft Bond 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 Nebraska Employee Theft Bond?
The amount of the Nebraska 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 Nebraska Employee Theft Bond?
Getting a Nebraska Employee Theft Bond is easy. For faster results, choose a competent and legitimate surety bond company to assist you. With the services of a qualified surety bond practitioner, you don’t only get to protect your business; you also get to safeguard your reputation and business image, provide valuable service to your clients, all in a cost-effective way.