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Main Insurance Terms blanket honesty bond

blanket honesty bond



See alsocommercial blanket bond Related Terms: Dictionary of Insurance Terms commercial blanket bond

covers the employer for all of the employees on a blanket basis, with the maximum limit of coverage applied to any one loss without regard for the number of employees involved. Both commercial and position blanket bonds work the same way if only one employee causes the loss, or if the guilty employee(s) cannot be identified.



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blanket honesty bond