Generic pricing
Pricing depends on bond amount, your credit, business details, and the state. The exact quote comes from the application.
Platinum Bonds Insurance Agency
Research before you apply.ERISA Fidelity Bond
ERISA Fidelity Bond
The ERISA Fidelity Bond protects employee benefit plans from losses caused by fraud, theft, embezzlement, or dishonest acts by those who handle plan funds. Coverage must be at least 10% of the funds handled with a minimum of $1,000 and typical maximum of $500,000 per plan official ($1 million for plans holding employe…
Overview
What it is.
The ERISA Fidelity Bond protects employee benefit plans from losses caused by fraud, theft, embezzlement, or dishonest acts by those who handle plan funds. Coverage must be at least 10% of the funds handled with a minimum of $1,000 and typical maximum of $500,000 per plan official ($1 million for plans holding employe…
Who usually needs it
Every fiduciary of an employee benefit plan and every person who handles funds or other property of such a plan must be bonded, including plan trustees, administrators, and anyone with authority to transfer, disburse funds, sign checks, or negotiate plan property.
Pricing & timing
What to expect.
Typical timeframe
Many license bonds are approved the same day. Court, probate, and larger contract bonds can take a few business days when underwriting needs more information.
Details
Bond details.
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Next step
Ready to move forward?
Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.