Bonding Insurance
Bonding insurance, often simply called "bonding," is a way of insuring against loss caused by a lack of competence
or by fraud or dishonesty. People who carry this type of insurance are referred to as being "bonded."
People who work for companies that require after-hours access, such as a cleaning service, or those who work
for companies that deal with large quantities of cash, like armored-car services, might need to be bonded.
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