These bonds are often called Employee Dishonesty bonds and typically will protect the employer against financial loss due to the dishonest acts of one or more of its employees.  These bonds can be written in a variety of ways, protecting against the dishonesty of specific employees (identified by name or by title), a certain class of employees (such as cashiers or salespersons), or for all employees of the business.  Premiums for these bonds can be charged either annually or on a 3-year prepaid basis, and the premium for a Commercial Crime Bond is determined by the type of industry involved, the number of employees being bonded, and the safeguards used to deter dishonest acts of the firm's employees.