Public Official Bond

Public Official Bond

A bond or insurance policy covering losses resulting from the negligence or mistakes made by a bureaucrat or other public official. For example, if a bureaucrat mismanages a government-owned bank account such that there are significant losses, the public official bond will compensate the government. See also: Public employees blanket bond.
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Insurance coverage for this request includes: workers compensation; package including property commercial general liability crime and inland marine; automobile school leaders errors and omissions liability; umbrella liability; boiler and machinery; cyber liability; student accident; public official bonds.