Skip to content Skip to sidebar Skip to footer

What is the Definition of Fidelity Bond?

What is the Definition of Fidelity Bond?

A form of protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals. It usually insures a business for losses caused by the dishonest acts of its employees.

Source: Insurance Handbook A guide to insurance: what it does and how it works |

Label: Insurance
Theme: Dictionary of Insurance Terms

Other Questions: What is the definition of Annuity?

What is the Definition of Fidelity Bond?

What is the Definition of Fidelity Bond?

You can find random definition and meaning of insurance terms below:

Meaning of Reduced Paid-Up Insurance Option in Insurance Terms

One of several nonforfeiture options included in life insurance policies that allows the owner of a policy with cash values to discontinue premium payments and to use the policy’s net cash value to purchase paid-up insurance of the same plan as the original policy. (See Nonforfeiture options)

Meaning of Registered Principal in Insurance Terms

An officer or manager of a National Association of Securities Dealers (NASD) member, who is involved in the day-to-day operation of the securities business, has qualified as a registered representative, and has an NASD Series 24 or 26 registration.

Meaning of Registered Representative in Insurance Terms

A sales representative or other person who has registered with the National Association of Securities Dealers (NASD), disclosed the  required background information, and passed one or more NASD examination. A registered representative engages in the securities business on behalf of a NASD member by soliciting the sale of securities or training securities salespeople.

Thank you for visiting our website and read this FAQ article about "What is the Definition of Fidelity Bond?". We hope you get what you searching for. is a website that contains information about the definition or meaning of a word. You can search for the terms you are looking for in the search field above.