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What does BOND or BOND ELIGIBLE mean in the insurance field (under job requirements)? Thank You!?

What does BOND or BOND ELIGIBLE mean in the insurance field (under job requirements)? Thank You!?

If you are Bonded (a form of
insurance), that means that
the bonding company has
investigated your integrity...
and finds that you are totally
reliable and trustworthy to
do the job asked of you.
The chance of you stealing
or doing anything illegal are
slim.
BUT--in the offchance you do.
the Bonding company will
repay what you stole, to a
maximum limit of ????
Be assured tho, you will never again hold a position of trust or responsibility. Your
name is forever blackened.

Bondable - means you haven't committed a felony.
agent, 21+ years

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