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Surety and Fidelity bonds are an important part of doing business for many companies, and they can be a critical component of a strong risk management strategy as well.There are several types of situations that require bonds. Let’s take a look.
Surety bonds help ensure performance of an obligation and compliance with given requirements.
Fidelity Bonds help safeguard business assets from fraud and theft.
All types of businesses that deal with public funds, employees that handle money for the employer and employers that send employees into the workforce and have access to customers premises.
While a lot of bonds are very similar they can seem very daunting to understand.
As an Independent Insurance Agency we represent multiple bond markets helps us to find the right fit for your needs. Not all insurance agencies offer bonds.
Let us help you thru the application process and understand what type of bonds you may need.