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Neil G. McDonald Ltd.
3800 Steeles Ave West, Suite 201E,
Woodbridge, Ontario L4L 4G9
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Hours
Mon-Fri 9-4:30 EST

Fidelity Bond

An agreement (not an insurance contract although Fidelity is getting to have more insurance features) whereby the surety, or insurance company agrees to reimburse an employer (obligee) for a loss growing out of a dishonest act by an employee (the principal).