The primary purpose of a fidelity bond is to guarantee what?

The primary purpose of a fidelity bond is to guarantee against employee theft. Fidelity bonds are specifically designed to protect employers from losses that may occur due to dishonest acts committed by employees, such as theft, embezzlement, or fraud. By providing this type of coverage, fidelity bonds help organizations safeguard their assets and provide a measure of financial security against the risk of employee dishonesty.

Options related to health insurance coverage, property damage liability, and general liability coverage are outside the scope of what a fidelity bond is intended to address. Health insurance covers medical expenses for employees; property damage liability pertains to damage caused to others' property; and general liability coverage protects against claims of bodily injury and property damage. None of these options relate to the specific function of a fidelity bond, making the first option the only one that accurately describes its primary purpose.