Name Schedule Bond
Definition of "Name schedule bond"
Fidelity bond under which an insured employer is reimbursed for loss caused by the dishonest act of two or more employees named or listed in a schedule attached to the bond. The specific amount of coverage is listed beside the name of each employee on the schedule. Coverage is the same as that found under the individual fidelity bond.
Popular Insurance Terms
Flat dollar amount added to arrive (premium rate per $1000 of face amount x face amount) at the premium. ...
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Arrangement whereby the insured pays the insurance company a relatively small monthly premium payment. In exchange for this premium payment, the insurance company processes and pays claims ...
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