Fillable Printable Edd Fidelity Bonding Program (De 8714Ff)
Fillable Printable Edd Fidelity Bonding Program (De 8714Ff)
Edd Fidelity Bonding Program (De 8714Ff)
DE 8714FF Rev. 18 (9-15) (INTERNET) Page 1 of 1 CU
EDD FIDELITY BONDING PROGRAM
The Employment Development Department’s (EDD)
Fidelity Bonding Program provides bonding services
at no cost to employers, employees, and job seekers at
Workforce Services sites and America’s Job Center of
California
SM
(AJCC
SM
) throughout the state.
Fidelity bonding services protect employers against possible
theft and dishonest or fraudulent acts, and help alleviate
employers’ concerns in hiring ex-offenders and at-risk job
applicants. This program is funded and administered by
the EDD in partnership with the U.S. Department of Labor,
Employment and Training Administration.
Who is Eligible?
To qualify for a fidelity bond, the job seeker or employee
must meet all of the following criteria:
• Provide verifiable proof of legal status or documentation
for authorization to work in the United States.
• Have a firm job offer or commitment of employment
with a reasonable expectation of permanence.
• Not be commercially bondable, or could be denied
commercial bonding coverage because of an arrest
record or imprisonment; history of drug or alcohol abuse;
poor credit history; or a lack of employment history.
• Position requires that the job seeker be bonded or
requires a bond to retain or remain on the job.
• Job seeker or employee must be qualified for the
position being offered.
• Cannot be self-employed or an owner/operator.
What is the Limit Amount of Coverage?
Fidelity bonds may be issued for $5,000 to $15,000, in
increments of $5,000. Requests for fidelity bonds in excess
of $10,000 will be considered on a case-by-case basis.
How Long Does the Coverage Last?
A fidelity bond is free of charge and remains in effect for six
months from the date of issuance. It cannot be canceled,
forfeited, terminated, or transferred to another employee.
At the completion of the initial six-month coverage period,
if no claim has been made against the policy, the employer
has the opportunity to purchase continuing coverage at
normal commercial rates. Extended coverage will be made
available from the Travelers Property Casualty Company
through The McLaughlin Company.
How to Apply for Bond Certification
Job seekers or employees may apply for a fidelity bond
by visiting their local EDD Workforce Services site or
AJCC
SM
. The certification process is simple, and requires no
paperwork for the job seeker or the employer.
Coverage becomes effective once:
• Job seekers, employees, and employers meet all
eligibility requirements.
• The EDD’s Workforce Services or AJCC
SM
staff has
certified the bond.
• The applicant/employee has begun work.
Additional Information
Contact your nearest EDD Workforce Services site, listed
under the “Employment Development Department Job
Service” in the State Government section of the telephone
directory, or visit the EDD’s Internet site at www.edd.ca.gov.
P.O. Box 826880 • Sacramento CA 94280-0001
The EDD is an equal opportunity employer/program.
Auxiliary aids and services are available upon request to individuals with disabilities.
