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Virginia bonds

Virginia — Dishonesty Bond

For a Virginia business concerned about employee theft, this dishonesty bond offers a direct application route through RLI. Choose one year or three years to begin.

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

What this bond does

The coverage addresses covered employee dishonesty, theft and fraud involving the company's own money, securities and property.

Who needs it
Apply in the name of the business or organization whose assets need protection.
Who is protected
The employer's covered loss is the focus. A client asking for protection of their property may need a different form.

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.

Match the proposal to your operations

Describe who handles your business funds and property. Identify any contractors or volunteers you want included, and compare the proposed limits with any employee-theft coverage you already carry.

Purchase Now opens RLI in a new tab. Check the coverage start date and selected term before completing the application.

Sources

Have these ready

  1. Gather your legal business details and employee count.
  2. Have current fidelity documents and any written coverage requirement available.

Questions about this bond

Are partners covered as employees?

Do not assume so. RLI describes custom options for owners or partners; request and verify the extension you need.

Is the longer term broader coverage?

The period alone does not define covered people or losses. Review the proposed wording.

What follows issuance?

Keep your documents and follow their reporting and renewal instructions.

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How can we help you get started?

Choose the quote that fits, and we’ll take it from there.

Have a question? Contact us