Commercial Surety Bond

  1. License & Permit Bond
    1. Definition: Designed to protect consumers by ensuring that businesses perform their jobs according to the rules and regulations set forth by local, state, and federal governments
    2. Most common types of bonds
    3. Required to do business
  2. Court Bond
    1. Bond to protect estates of deceased or incompetent individuals to assure proper disbursement of the estate
  3. Notary Bond