protects the insured employer against claims by employees or former employees resulting from negligent acts or omissions in the administration of the insured’s employee benefits programs.

The proof of membership in a group plan given to an employee. This usually consists of a short outline of the plan’s benefits and a certificate of insurance.

In health insurance, the portion of premium expenses paid by the employee. In pensions, a pay deduction applied to a retirement plan.

Any dishonest act of an employee which may contribute to a loss for the employer. Fidelity Guarantee Bonds are usually used to protect against such losses.

Any false act by an employee that causes a loss to the employer.

Insurance protecting employers from loss due to theft by their employees.

Insurance that covers the loss of money and other property that is caused by an employee’s dishonesty. This is actually a commercial crime policy in the form of a fidelity bond.