What kind of bond would include dishonest actions taken by employees as part of its coverage?

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The correct choice is Commercial Blanket Bonds. These bonds are specifically designed to provide coverage against losses due to dishonest acts committed by employees, such as theft, fraud, or embezzlement. The "blanket" aspect of these bonds means they offer coverage for all eligible employees within an organization, rather than being limited to specific individuals or positions.

This type of bond allows a business to protect itself from potential risks associated with employee dishonesty, which is essential for financial security and peace of mind. Businesses often choose Commercial Blanket Bonds as they can cover a range of situations without needing to identify or specify each employee, simplifying the claims process.

In contrast, Blanket Position Bonds and Position Schedule Bonds may offer some employee coverage but are generally more limited in scope. Blanket Position Bonds typically apply to certain designated positions rather than the entire workforce, and Position Schedule Bonds provide coverage specifically for identified positions, which may not encompass all employees. Surety Bonds, on the other hand, are contractual agreements that guarantee a party will fulfill its obligations, and do not specifically cover employee dishonesty.

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