Otterstedt Insurance Agency - Bergen County, NJ
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Fidelity bond is a form of protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals /employees of their own company or firm. It usually insures a business for losses caused by the dishonest acts of its employee, partners or officers.

These Bonds protect Employers or Third Parties from losses of company monies, securities, and other property from employees who have a manifest intent to cause the company loss. There are also many other forms of Crime-Bonds (burglary, fire, general theft, computer theft, disappearance, fraud, forgery, etc.) to protect company assets or Third Party assets from illegal or fraudulent acts. Third Party bonds are usually required by contract from a Third Party who wishes to be protected against the acts of anther employer’s employees who have access to the Third parties properties, accounts or funds.


Contract Surety Bonds
Commercial Surety Bonds
ERISA Bonds