Techinsurance vs Travelers: Fidelity Bonds

TechInsurance arranges fidelity bonds online and describes coverage options. Travelers offers ERISA fidelity protection for employee benefit plans against fraud or dishonesty losses.

Van Ness Partners presents a practical comparison of source materials relevant to financial crime exposures.Research updated 2026-09-25

What Are the Key Differences Between TechInsurance and Travelers Fidelity Bonds?

Multiple Bond Types Versus ERISA Plan Protection

TechInsurance lists first-party, third-party, employee-dishonesty, business-service, janitorial and ERISA bonds, with examples including cleaning, healthcare and security firms. Travelers describes ERISA fidelity for benefit plans against fraud or dishonesty by people handling plan funds. TechInsurance’s online page explains more variants; Travelers names a specific plan-asset use. [2] [3] Choose TechInsurance if you need to compare bond forms or apply online; choose Travelers if you need an ERISA plan bond through an independent agent.

Who Issues and How You Buy

TechInsurance’s reviewed page does not name a surety for a standard fidelity bond, but says an ERISA fidelity bond must be purchased from a surety company authorized by the U.S. Department of the Treasury, and you request quotes online. Travelers catalogs ERISA fidelity as a product it provides, bought through a Travelers independent agent. [2] [4] [3]

Audience and Cost Detail

TechInsurance names web hosting, project management, cleaning, healthcare and security-guard companies as example buyers, and says cost varies with bond amount, type, industry, employee access and credit score. Travelers’ reviewed pages do not name specific eligible business sizes or industries for the ERISA fidelity product itself, and they do not publish bond amounts or premiums. [2] [3] [4]

What Should You Confirm in TechInsurance and Travelers Fidelity Bonds Quotes?

  • Ask TechInsurance which variant is quoted and, for ERISA, which Treasury-authorized surety issues it. [2]
  • Ask the Travelers agent for the bond amount, the named plan and who is treated as a handler of plan funds. [3]
  • Confirm whether you need a first-party or third-party form from TechInsurance in addition to, or instead of, Travelers’ ERISA plan-asset cover. [2] [3]
  • Ask TechInsurance how cost is calculated for the quoted bond type; ask Travelers for the premium and any deductible, which its pages do not publish. [2] [4]

TechInsurance explains first-party, third-party and ERISA bond options with online applications; Travelers lists ERISA fidelity for benefit plans through agents.

Sources consulted

  1. 01
    Glossary of Insurance Terms

    National Association of Insurance Commissioners · Fidelity; Surety Bond · accessed 2026-09-16

  2. 02
    Fidelity Bonds – Quotes Online

    TechInsurance · What do fidelity bonds cover? (fraud, theft, forgery, embezzlement, employee benefits theft/ERISA); What is the difference between first-party and third-party fidelity bonds?; What are the different kinds of fidelity bonds?; How much do fidelity bonds cost?; What is the difference between commercial crime insurance and a fidelity bond? · accessed 2026-09-23

  3. 03
    Management and Professional Liability Insurance

    Travelers · "Select a product" list: ERISA fidelity insurance — "helps cover an employee benefit plan against losses caused by acts of fraud or dishonesty such as theft, embezzlement or forgery" · accessed 2026-09-23

  4. 04
    Surety Bonds

    Travelers · "Surety bonds provided by Travelers" list, including ERISA Fidelity · accessed 2026-09-23

  5. 05
    Crime Terms and Conditions

    Travelers Casualty and Surety Company of America · I.A.1–3 p.1; III.S pp.8–9; V.B.1–2 pp.18–20; CRI consideration p.1; III.P p.8; V.A.3 pp.16–17; V.A.4 p.17; V.B.3 p.20; IV.L p.15 · accessed 2026-09-16

  6. 06
    Field Assistance Bulletin No. 2008-04: Guidance Regarding ERISA Fidelity Bonding Requirements

    U.S. Department of Labor, Employee Benefits Security Administration · Q1–Q3 pp.2–3; Q2 pp.2–3 · accessed 2026-09-16

Crime coverage

TechInsurance

  • role: TechInsurance arranges fidelity bonds, describing them as a type of commercial crime insurance and a type of surety bond, distinct from a traditional insurance policy in that the bonding company can seek repayment from the employee responsible for a dishonest act. Fidelity bonds product page.company-reportedSource ↗
  • insurer: The reviewed page does not name a specific surety or insurer for a standard fidelity bond, though it says an ERISA fidelity bond specifically must be purchased from a surety company authorized by the U.S. Department of the Treasury. Fidelity bonds product page as read on 2026-09-23.company-reportedSource ↗
  • coverage: TechInsurance says fidelity bonds cover employee fraud, theft, forgery and embezzlement against the business or its clients, and distinguishes first-party bonds (protecting the business itself) from third-party bonds (protecting clients), plus employee dishonesty, business service, janitorial and ERISA bond variants. Fidelity bonds product page; general policy description, not a specific bond form.company-reportedSource ↗
  • eligibility: TechInsurance targets fidelity bonds at businesses whose employees handle sensitive financial information or access client property unsupervised, naming web hosting, project management, cleaning, healthcare and security-guard companies as example segments. Fidelity bonds product page, Who should get fidelity bonds? section.company-reportedSource ↗
  • limits: TechInsurance says fidelity bond costs vary widely and are typically calculated based on the total bond amount, with underwriting factors including bond type and size, industry risk, number of employees with sensitive-data access, and credit score; it does not publish a median premium for this line as it does for some other policies. Fidelity bonds product page, How much do fidelity bonds cost? section.company-reportedSource ↗
  • application: You request fidelity bond quotes online through a short application; TechInsurance says its licensed agents can help add fidelity bonds to a broader coverage package. Fidelity bonds product page.company-reportedSource ↗

Travelers

  • role: Travelers lists ERISA fidelity as one of its Management & Professional Liability products, and separately lists ERISA Fidelity among the bond types it provides on its surety bond page. Management & Professional Liability product list and Surety Bonds product list.company-reportedSource ↗Source ↗
  • coverage: Travelers describes ERISA fidelity insurance as covering an employee benefit plan against losses caused by acts of fraud or dishonesty, such as theft, embezzlement or forgery, by the people who handle plan funds. Management & Professional Liability Insurance page, ERISA fidelity insurance entry; exact terms and required minimum bond amounts are set by ERISA and the issued bond.company-reportedSource ↗
  • eligibility: Travelers offers ERISA fidelity coverage as part of a product suite that also covers private companies, public companies, nonprofit organizations and financial institutions, but the reviewed pages do not name specific eligible business sizes or industries for the ERISA fidelity product itself. Management & Professional Liability Insurance page general eligibility statement.not-disclosedSource ↗
  • limits: Neither reviewed page publishes bond amounts, premiums or terms for ERISA fidelity coverage; federal ERISA rules set minimum bonding requirements, but Travelers' specific offer would appear on a quote. Management & Professional Liability and Surety Bonds pages as read on 2026-09-23.not-foundSource ↗Source ↗
  • application: ERISA fidelity coverage is bought through a Travelers independent agent. Surety Bonds page "Find an insurance agent" call to action.company-reportedSource ↗

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