Blog

13
Feb

What is a Surety Bond?

What is a Surety Bond? A surety bond is a contract between three parties—the principal (you), the surety (us) and the obligee (the entity requiring the bond)—in which the surety financially guarantees to an obligee that the principal will act in accordance with the terms established by the bond. How Do Surety Bonds Work? To put it simply, they guarantee that specific tasks are fulfilled. This

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