Bonded Pet Sitter vs Employee Dishonesty Coverage
Compare bonds and Pet Care Insurance’s employee dishonesty coverage.
Pet sitters use a bond to protect themselves from dishonest acts of their employees, but there are other ways this can be accomplished without a bond and that is through Employee Dishonesty insurance coverage.
Although PCI can offer an employee dishonesty bond on a stand alone policy, we also provide an employee dishonesty coverage to protect your business from the actions of a dishonest employee. So what is the difference between a employee dishonesty insurance coverage and a Employee Dishonesty Bond?
Use our handy comparison chart to find out which coverage best meets your business needs.
| Pet Care Insurance Employee Dishonesty Coverage | Other Bond Programs | |
|---|---|---|
|
Products-Completed Operations Aggregate Limit |
Provides $10,000 per occurrence and $25,000 aggregate coverage. |
Coverage may vary in details. |
|
No Credit Check Requirement |
PCI never checks your credit. |
Some bond companies will check your credit prior to approval. |
|
Purchased with Insurance |
Easily purchase your dishonesty coverage at the same time as insurance. |
Many times you will have to use a separate bonding company from your insurance provider. |
|
No Reimbursement Required |
PCI doesn't require reimbursement for a paid claim. |
Some bonding companies may require you to reimburse them for payment of the claim. |
|
No Conviction Clause Requirement |
PCI doesn't require that a dishonest employee be convicted of the crime. |
Many bond companies will not pay claims unless the dishonest employee is convicted. |
