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South Dakota bonds

South Dakota — Dishonesty Bond

A South Dakota dishonesty bond addresses losses from employee theft of your business's assets. You can choose a one-year or three-year option and apply with RLI.

Also known as South Dakota Dishonesty Bond (1 Year); South Dakota Dishonesty Bond (3 Years); South Dakota 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
South Dakota
Bond type
Employee Dishonesty & Fidelity Bond
Category
Fidelity & employee dishonesty

What this bond does

The offering concerns covered theft, fraud and employee dishonesty affecting the company's money, securities and property.

Who needs it
Apply as the employer or organization whose own assets need protection.
Who is protected
The employer's covered loss is the focus. A customer asking for a bond may need protection for a different interest.

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.

Check the people your coverage will include

Start with a current employee count. If you also use volunteers or contractors, identify them so their coverage can be addressed in the proposed terms.

Purchase Now opens RLI in a new tab. Review the requested limit, selected term and effective date before completing your application.

Sources

Have these ready

  1. Have your legal business details and operations ready.
  2. Gather any existing fidelity coverage and your desired limit.

Questions about this bond

Does this cover a customer's belongings?

RLI's employee dishonesty description focuses on the company's own assets. Check a customer-property request separately.

Are all nonemployees excluded?

RLI describes custom extensions for certain groups. Request the people you need covered and verify the proposed wording.

Do I need to file it with the state?

This listing does not establish a South Dakota filing duty. Keep issued documents and follow any actual written request.

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