If a security guard company is 'bonded' are they financially responsible for items stolen while their guard was on duty?

Answer

In General a security company coud be considered liable for a theft while on duty, However there is usually a clause or disclaimer in the security contractors contract that would wave such liabilities. Whether the security company is bonded or not has no effect on their liability. Ultimately it may depend on the contract terms with the customer.

Improve Answer Discuss the question "If a security guard company is 'bonded' are they financially responsible for items stolen while their guard was on duty?" Watch Question

First answer by Insplus1. Last edit by Insurance Plus. Contributor trust: 241 [recommend contributor]. Question popularity: 25 [recommend question]

Research your answer:

Answers.com > Wiki Answers > Categories > Business and Finance > Insurance > If a security guard company is 'bonded' are they financially responsible for items stolen while their guard was on duty?

Our contributors said this page should be displayed for the questions below. (Where do these come from)
If any of these are not a genuine rephrasing of the question, please help out and edit these alternates.
What is guard hair?  Virus guard security?  Area kept under guard?  What is the old guard?  Security guard franchice?  Security guard in Spanish?  Where is the guard ind dimond?  What is the changingof the guard?  Why was rizal monument has a guard?  What to do when your a shootin guard?  Who was the captin of the cost guard?  How come the security guard is alone in the building?  What are the security guard requirements in colorado?  How many people work as a security guard in morroccco?  How do you get past the guard on duty in route 8 on fire red?  How do you chase the team rocket security guard from silph co buliding?  You are in the process of opening a security guard co you need to what is the procedure in getting a licencethe company id also banded?