Surety Bonds

Trusting others to uphold their end of a bargain should not be done blindly. Surety bonds are issued to protect the recipient against loss in case the terms and conditions of the contract are not fulfilled in its entirety. A third party assumes the liability for nonperformance. Based on our high level of expertise and service, we can successfully assist you in your specific area of concern. Examples that reflect our proficiency include:

Contract Bonds

Used primarily in the construction field, this bond from a Surety to homeowner guarantees that a general contractor will adhere to the provisions of a contract.

License & Permit Bonds

These are required by certain federal, state, or municipal governments as prerequisites to receive a license or permit to engage in certain business activities.

Fidelity Bonds

Also known as Dishonesty Bonds, this covers employers of property theft by their employees.

ERISA Bonds

Federal law requires that plan officials who manage, oversee, recommend, or handle funds or property of an employee must be covered by a personal fidelity bond.

Court Bond - There are two types of Court Bonds:

• Judicial bonds are posted by parties seeking court remedies or defending against legal actions concerning court remedies. An examples of these promissory notes are bail bonds and appeal bonds
• Fiduciary bonds guarantee that the persons entrusted by the court will faithfully execute their specific duties. Also known as probate bonds, examples include administrator and trustee bonds.

Miscellaneous Bonds

Are exactly what the name entails. They do not fit entirely under a specific heading and often are unique. Examples of these are hazardous waste removal bonds and lost securities bonds.

Contact us today for more information concerning your specific need. Our expert advice will answer any of your questions!