3D Bonds

The Dishonesty, Disappearance, and Destruction ("3D") Policy / Bond is the basic policy. It has several components:

• Fidelity coverage protects the business against employee dishonesty.
• Other coverages are optional and provide a range of basic protections against loss by: theft, burglary, robbery, hold-up, counterfeit money, and cheque forgery.
• Specialized protections for loss by computer fraud, credit card fraud, extortion.

Financial Institution Bonds

The Financial Institution Bonds are elaborate variations of the 3-D Policy / Bond. There are several types, each adapted for the specialized requirements of differing types of financial institutions. The three most common are:

• Broker's Blanket Bond (FIB-14); used by investment dealers.
• Banker's Blanket Bond (FIB-24); used by deposit taking institutions.
• Insurance Company Blanket Bond (FIB-25); used by insurance companies.

These three basic bonds offer further variations which recognize particular needs of the type of business. For example; the investment counselor vs. the mutual fund dealer vs. the full-service stockbroker; or banks vs. trust companies vs. credit unions; or a general insurance company vs. a life insurance company.

The regular coverages provided by each Policy / Bond Form often are further modified to meet the specific requirements of a given insured company or organization. These modifications are made by "Riders" or "Endorsements" added to the Policy / Bond.

The Guarantee Company offers Fiduciary Liability Insurance as a complement to existing Directors & Officers and Fidelity policies.