Public Employees Blanket Bond

Definition of "Public employees blanket bond"

Joan  Church real estate agent

Written by

Joan Churchelite badge icon

Simmonds Real Estate

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 a loss is covered on a blanket basis regardless of the number of employees causing the loss) for employees of public institutions and agencies.

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