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Janitorial and Cleaning bonds are designed to protect against employee dishonesty, and theft. Generally, the bond protects against dishonesty of cleaning service employees. These bonds cover losses arising from employee dishonesty and indemnify the principal for losses caused by the dishonest actions of its employees. Janitorial and Cleaning bonds start at $100.00 per year for $5,000 of protection with a small number of employees. Janitorial and Cleaning bond rates for $10,000 and $25,000 of coverage start at $111 and $165, plus shipping costs and fees.
EZ Surety Bonds delivers Janitorial and Cleaning bonds instantly via email. To purchase a bond, complete the application at left. Enter your payment via Credit Card or Paypal and receive a PDF version of the bond in your email. A hard copy will also be mailed or sent via Fed Ex to you.
Protecting Yourself and Your Customers
The Facts of Employee Dishonesty
The U.S. Commerce Department estimates the annual cost of employee theft at $40 BILLION, ten times that of street crime!
Most companies don't know they have an internal theft problem, and make the discovery by accident TOO LATE!
The American Management Association estimates that employee theft causes 20% OF ALL BUSINESS FAILURES!
A national survey reported ONE-THIRD of all retail, health care, and manufacturing employees admitted stealing from employers in the last year.
Losses due to employee theft for business under $100,000 in annual sales is 35 TIMES HIGHER than those with over $5 million in sales!
The janitorial bond, business services bond and dishonesty bond provides protection against financial liability for the loss of a customer's money, securities, and personal property caused by dishonest acts of the employees of the insured while on the customer's premises upon conviction. (Indictment, North Carolina only.) The janitorial bond, business services bond and dishonesty bond is issued in the amount of $25,000. Some of the more frequently requested bonds are for contractors, temporary employment agencies, home health care, janitorial and security guard services.
Here are examples of what could happen.
+ You have a cleaning service. An employee, while working in an office, notices some valuables in a drawer. After finishing work, the employee puts the valuables in his pocket and leaves.
+ You are a subcontractor. On the job site, your employee notices some electronic equipment he could use. When no one is looking, he puts it in a box and takes it out to his truck.
Protection for you
A Business Services Bond will provide you with protection against financial liability for the loss of your customer's money, securities, and personal property caused by dishonest acts of your employees while on your customer's premises upon conviction (*) (**). A standard fidelity bond affords no protection for such exposures.
* In order to protect you and your employees against unjustified allegations of dishonesty, the employee must be convicted of the alleged dishonesty before coverage would apply.
** North Carolina only: The word "conviction/convicted" is replaced with "indictment/indicted."
How am I protected from unjustified allegations?
A Competitive Advantage
In order to protect you and your employees against unjustifiable allegations or charges of dishonesty, the employee must be convicted of the alleged dishonesty before coverage will apply.
Beyond protection from liability for employee dishonesty, having a Business Services Bond can give you an important advantage over your competitors. Being able to say, "Our people will be bonded for honesty while on your job" could make a difference in whether a job comes to you or goes to someone else.
Many firms utilize the Business Services Bond as a marketing tool. They see the bond as giving them an advantage many of their competitors do not have and make prominent mention of the bond in their advertisements and proposals.
Limits of Coverage
EZsuretybonds.com issues this bond in a set amount of $25,000. Higher limits are available upon request.
The cost of this protection is very reasonable. Your premium is determined by the number of your firm's employees and the limit of coverage desired. Coverage may also be obtained on sole proprietors, partners, or officers of a corporation.
For your convenience, bonds may be written on a three year term at a discounted rate.
This contains only a brief summary of coverage and bond provisions. All statements herein are subject to the provisions, exclusions and conditions of the bond form.
Parts of this information has been provided by Old Republic Surety Company as a courtesy. Many of the bonds issued by EZSuretybonds.com are underwritten by Old Republic Surety Company.
What Surety Company writes the Janitorial Cleaning Bonds Contact Form?
When items go missing from businesses after being cleaned, your Janitorial and Cleaning Services Business is likely to be blamed for it. You cannot always prevent your employees from stealing, but you can protect your business. A Janitorial and Cleaning Bond can protect you if your employees are convicted of theft, allowing you to continue your cleaning business.
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