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Maryland bonds

Maryland — Dishonesty Bond

Your Maryland business can seek fidelity protection against employee theft through this dishonesty bond. Select a one-year or three-year term to start with RLI.

Also known as Maryland Dishonesty Bond (1 Year); Maryland Dishonesty Bond (3 Years); Maryland Dishonesty Bonds

2 options on record. Choose the one that matches your requirement, then purchase.

How a fidelity bond works

Fidelity protection responds to covered dishonest acts. The form identifies whose money or property is protected, the covered persons, and the applicable limits.

Bond family
Fidelity bond
Recorded state
Maryland
Bond type
Employee Dishonesty & Fidelity Bond
Category
Fidelity & employee dishonesty

What this bond does

Coverage addresses covered theft, fraud and employee dishonesty involving the business's own money, securities and property.

Who needs it
Business owners and organizations arranging protection for their own financial loss can apply.
Who is protected
The company's loss is the focus. If you are answering a client's bond request, check whose property that request concerns.

Choose from 2 options

Each option is a separate record. Where a term, bond amount, premium, or E&O limit is known, it is listed; match it to what your requirement asks for.

The coverage amount describes a limit of protection, not the price. Match the requested protection and covered persons to the actual fidelity form. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Have the workforce details ready

Prepare a current employee count and tell the provider about any contractors, volunteers or partners you also need included. RLI describes optional extensions for certain groups, which must be reflected in the proposed terms.

Purchase Now opens the RLI application in a new tab. Check the coverage limit and effective date along with your chosen term.

Sources

Have these ready

  1. Use the legal business name and current address.
  2. Gather existing fidelity coverage and any written coverage requirement.

Questions about this bond

Does this protect the customer's assets?

The employee dishonesty protection described here focuses on the business's own assets. A customer-property requirement needs its own form check.

Can partners be covered?

RLI describes customization for owners or partners. Request it and verify the actual coverage.

Do I have coverage after opening RLI?

Opening the application is a starting step. Confirm protection in the issued documents and effective date.

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How can we help you get started?

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