New York State - Federal Bonding Program

716-851-2680

716-851-2792

518-485-2151

Fidelity Bonding Services

Issues Fidelity Bonds to employers who hire "high risk" job applicants. The fidelity bond is a business insurance policy that protects the employer in case of any loss of money or property due to employee dishonesty. Bonds are given to the employer for six months free of charge and serves as an incentive to the company to hire a job applicant who is an ex-offender or has some other "risk" factor in his or her personal background such as poor credit or a lack of work history. After six months the employer may purchase continued coverage. Bonds can also be issued to cover a current employee who is not bond-able under the employer's insurance and needs the program's bonding in order to secure a promotion or to prevent being laid off or terminated.

Monday-Friday, 8:30am-4:30pm.

Covers any full- or part-time position for any employer. Employment with temporary agencies must be: long-term temporary positions, six months or longer or temporary-to-permanent positions. Does not cover people who are self employed.

Service Area: WNY.

The employer of the job applicant may ask that a bond be issued by calling Phyllis Damico, Regional Bond Contact.

Free of charge to the employer for six months. Employer has the option to purchase continued coverage after the first six months.

Nov 17, 2020