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Where can I get a surety bond to work in a government agency handling money
I am job hunting with government agencies who ask if I'm bondable. These jobs typically want the person to accept cash, checks, and credit card payments. I am a felon, served less than a year in federal womens camp. I know that I am bondable just don't know where to get the bond and for how much. Does anyone know th requirements for the state of Texas?
The employor normally has their companies that they use to provide thier bonds. You can check with most full line insurnace agencies who ofer bonds.Depending on the criminal offense and how long ago you were in prison, you may or may not be bondable depending on the job
Bonds are of two broad categories 1) surety and 2) fidelity.... Surety bonds are not insurance, they are "extensions of credit" and there are three parties to the bond, ie the principal, (that would be you in this case), the surety (that would be the surety/insurance company that assumes whatever risk there is) and the obligee ( that would be in your case, the govt agency requiring the bond).... so when they ask you "are you bondable", then your next questions are 1) for what purpose? and 2) provide me a copy of the bond you want me to give you.. (you then would take that form to an agetn who represents a surety/insurance company and ask if they can write the bond... but let me back up for a moment..... I am of the opinion that those govt employees that ask you "are you bondable" really have no idea what they mean or what they want..... I have written bonds for individuals, companies, non profit organizations, public officials and have never known a state / federal agency to require any one individual to provide a bond as a condition of employment.. only perhaps as a condition of entering into a contract with a govt agency to perform certain functions.. ie such as selling fishing licenses at a state fishing lake, taking license fees... the bond guaranteeing that the vendor remits the fees to the govt agency.... Fidelity bonds are the 2nd broad category and a state/federal agency usually will always either "self insure" fideltiy risks or purchase a "blanket" bond covering or "blanketing" all employess in the event of losses caused by employees dishonest acts.... I have never written an individual fidelity bond for a govt agency. Hope this info helps.
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