What Are the Key Differences Between AIG and Liberty Mutual Fidelity Bonds?
Commercial Bond Catalogue and FI Bond Detail
Liberty Mutual Surety lists fidelity bonds among commercial bond solutions and says its specialized underwriting teams tailor solutions across business sectors. AIG describes a distinct Financial Institution Bond family for banks, lenders, asset managers, and insurers, naming theft, forgery, computer fraud, and impersonation fraud examples. A commercial business can ask Liberty Mutual which bond obligation its catalogue item addresses; an institution should use AIG’s application route to identify the FI form relevant to its risks. [2] [1]
Obligations, Carrier, and Terms
Liberty Mutual’s overview does not describe the covered obligation or claim trigger for a particular bond, and it does not establish that each buyer class can access every listed bond. AIG provides more detail on FI fraud scenarios, but does not state standard bond amounts or deductibles. Ask both providers to identify the issuing entity, obligee, covered employee conduct, and bond amount in writing; these public descriptions alone do not establish a specific buyer’s terms. [2] [1]