Can the Program s Fidelity Bond Coverage Exist Forever?
The key purpose of the program s bond is to help an at-risk applicant get a job. The bond insurance is issued free-of-charge to the employer for a period of six months. If the worker demonstrates job honesty during the six months of Bonding Program coverage, that worker can become BONDABLE FOR LIFE under commercial bonding made available to their present employer. Commercial bonding is available for purchase from the Travelers Property Casualty insurance company, or the employer may contact their own insurance carrier.