Insurance

How do you become bonded?

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2011-10-11 19:50:19
2011-10-11 19:50:19

Usually, the employer will have you complete a application to a bonding company.

The bonding company will do a very complete back ground check on you, to find out if you are an honest and trustworthy person, with NO criminal record. The background check will consist of speaking to previous employers, personal character references, and a computer check of the national and state records of criminal convictions.

If the bonding company is satisfied with your background they will offer to "Bond" you. This means that your employer is offered a insurance coverage that will pay the employer IF you steal from them. This is usually required in jobs where you handle cash or valuables.

It depends on what you need a bond for. Most insurance companies sell bonds or have companies they can work with to get bonds. Depending on the bond you need will determine underwriting guidelines and what you need to get bonded.

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