A dishonesty bond protects your organization from financial loss due to the fraudulent activities of an employee or volunteer. The loss can be the result of a volunteer’s embezzlement of money or property from the insured organization. Smaller organizations can be especially hard hit by theft and embezzlement as they cannot afford extensive safeguards nor are large enough to absorb such a financial loss.
- National Governing Bodies
- National & Regional Sports Associations
- Local Sports Associations and Leagues
- Independent Leagues and Teams
Dishonesty Bond Coverage
A dishonesty bond should be considered when one or more of your employees or volunteers are entrusted to handle cash or use organizational credit or debit cards. Coverage is low cost and written with limits from $10,000 up to $100,000.