Utah Counties Insurance Pool
 
Bonds

Blanket Fidelity Bond
A bond which covers loss of money, merchandise, or other property owned by the insured or in which he/she has a pecuniary interest, when such loss is due to dishonesty of his/her employees. All employees are covered under the bond unless specifically excluded.

Blanket Position Bond
A blanket fidelity bond which covers all of the insured's employees for a uniform amount on each so that if loss is caused by dishonest or fraudulent acts of two or more employees in collusion, recovery up to the amount of the bond may be made on each identifiable participating employee.

Notary Public
Guarantees notary public will faithfully perform duties as prescribed by law.

Notary Errors & Omissions
Provides protection to the notary for any negligent act, error or omission arising out of the performance of service for others. This covers damages and legal fees subject to the limit of liability.

Position Schedule Bond
A fidelity bond which covers employees who may, while the bond is in force, occupy and perform duties of the positions scheduled in the bond, each position being covered for a specific amount.

Public Official Bond
A bond that guarantees faithful performance of duty of a public official in a position of trust; also provides for an honest accounting of all public funds handled by him/her. Such bond is given to comply with a statue and, therefore, carries whatever liability the statue imposes.

Schedule Bond
One that covers loss resulting from dishonest or fraudulent acts of employees who are listed either by name or by positions scheduled in the bond.

Copyright