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GLOSSARY

 GLOSSARY TERMS by Alpha
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Face amount
Factory mutual
FAIR plan
Fair rental value
Farmowners-ranchowners policy
FEMA
Fidelity bond
Fiduciary
Final Expenses
First to Die Insurance
Fixed annuity
Fixed benefit
Fixed Premium
Free look
Front-end load
Full Surrender
Funeral expenses

Fidelity bond

A debt obligation serving to protect an employer from loss in that event that its employees cause damages through dishonest or negligent action action. Insurance companies and securities firms are often required to possess a fidelity bond.

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