What is a Surety bond?<\/b><\/h2>\n
A surety bond is a binding contract between three parties: the <\/span>principal<\/b> (you or your business), the surety (Boost), and the <\/span>obligee<\/b> (the customer\/entity requiring the bond). The surety guarantees to an obligee that the principal will act in accordance with the terms of the bond.<\/span><\/p>\n You may be obligated to provide a bond as part of a business license or contract requirement. Being bonded may also help you attract new business. Potential clients might take comfort in knowing they will be protected by it.<\/span><\/p>\n We offer far more types of surety bonds than we can possibly list here. So, we\u2019ll only highlight the more common ones:<\/p>\n Surety bonds are often required of businesses or professionals who provide services to customers. These bonds are meant ensure the business or professional will do their work in accordance with the licensing laws and other regulations.<\/span><\/p>\n Fidelity bonds are insurance policies that offer businesses protection against loss of money and securities caused by fraudulent or dishonest acts committed by employees.<\/p>\n Common types of fidelity bonds include:<\/b><\/p>\n Fidelity bonds also offer you the flexibility to cover specific employees or job positions (schedule bonds) or all employees (blanket bonds).<\/p>\n<\/div><\/div><\/div><\/div><\/div>\n
Why you may need a surety bond?<\/strong><\/h2>\n
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What is a fidelity bond?<\/h2>\n
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