Blanket Position Bond


Definition of "Blanket position bond"

Covers all employees of a business on a blanket basis with the maximum limit of coverage applied separately to each employee guilty of a crime.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Theft, Disappearance, And Destruction Policy (form C)

Combination policy plan of fidelity insurance and crime insurance under five standard agreements: Insuring Agreement dishonesty of employees on either ...

Public Employees Blanket Bond

Fidelity bond provided under a blanket position bond (in which each position is covered on an individual basis) or a commercial blanket bond (in which ...

Fidelity Bond

Coverage that guarantees that the insurance company will pay the insured business or individual for money or other property lost because of dishonest ...

Commercial Blanket Bond

Coverage of the employer for all employees on a blanket basis, with the maximum limit of coverage applied to any one loss without regard for the numbe ...

Bond, Blanket

Same as term Blanket Position Bond: covers all employees of a business on a blanket basis with the maximumlimit of coverage applied separately to each ...

Final Insurance (minimum Deposit Insurance)

Premiums paid out of funds borrowed from the cash value of a life insurance policy. ...

Popular Real Estate FAQ

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and your home, you need to safeguard it with the prope ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your agent\'s help, may speed things along. ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Guest passenger liability helps protect you bodily in ...

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or running your seaworthy vessel. Boats, and other water ...

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- L ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add real estate terms app
on your Website

Real Estate Advice

Building a Real Estate Team Property tax in the US: a homebuyer guide Buying a House with Cash vs. Mortgage Short-term Lease Pros and Cons Spring Landscaping Ideas to Improve Curb Appeal and Sell Your House

FAQ

What do I need to know about Managed Care Insurance: HMO, PPO, & and POS plans? What is the Tax Benefits of Buying a Home? What is an overall debt ratio? What is a lifetime rate cap? What is an adjustable-rate mortgage (ARM)?