How to Obtain Fidelity Bond?

The business owners or employee can get a fidelity bond by calling the nearest labor department.

If the prospective employee gets a specific bonafide deal of a job, the business owners have to compose a offer of job letter. This letter has to be at the organization's letterhead and have these information:

1. The job seeker full name, street address, town, state, and postal code
2. The employment offer date
3. The exact starting date that a employee will start work (fidelity bond can be released and is activated when the employment letter offer and the Fidelity Bond Certification Form already authorized by a Bonding Coordinator
4. Job title, the conditions of work and rate of pay, i.e., the responsibilities and job duties
5. An agreement that the job is conditional after the employee get a fidelity bond (the agreement have to show up precisely in the notice)
6. A statement remarking that job is full-time {Full-time implies job that's 6 (six) months or longest in duration and a minimum 30 (thirty) hours or longer each week continually}
7. The bond coverage amount needed. If a bond coverage is higher than $5,000, the business owners have to include an agreement in the employment letter offer to confirm the expectation for a better bond requirement.
8. The letter ending should have the actual signature of the individual who owns the responsibility to recruit an employee. Written below the signature is the position and name of the hiring person, for instance, business owner, chairman, chief executive officer, Hiring director, etc.