what are two main types of fidelity bonds 
two popular types of fidelity bonds are business services bonds which are specifically designed to protect clients when employees enter their home or place of business and employee dishonesty bonds which protect companies from financial loss should an employee or group of employees engage in fraudulent activities another common type of fidelity bond is the erisa employee retirement income security act bond which protects retirement plan beneficiaries should trustees steal from them the bottom linefidelity bonds are something that many businesses need either out of choice or because their state or municipality demands it sadly not everybody is honest and it s often worth paying the premium for peace of mind and to reassure customers 