Employee Dishonesty Insurance

Household employers, whether using an agency or hiring on their own, should always be thorough in screening potential nannies and other domestic employees.

Reference checks, background, and drug screenings, as well as employment verification, are all critical to the hiring process for any employer, but especially when hiring a worker who will be in your home with your loved ones.

Employee dishonesty insurance can offer some peace of mind.

But sometimes, even when a family makes the best effort possible to take precautions against hiring an untrustworthy employee, surprises do occur.

There is a way to insulate yourself from any financial loss that may result in this situation.

Through our affiliate GTM Insurance Agency, GTM Payroll offers some protection against a household employee’s dishonest actions by providing a fidelity bond (also called “employee dishonesty insurance”).

A fidelity bond protects an employer from theft – cash, checkbook, credit cards, or any property – by covering the employer for any such losses.