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This post is part of a series sponsored by Old Republic Surety. When contractors have a project that is in danger of default, they sometimes mistakenly believe that their surety bond is equivalent to an insurance policy. They also may … ...
Surety Bond Insurance and the Undue 30% Increase in Tax ExecutionsGomes, Luis Augusto Da Silva
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Experts in arranging and managing surety bond and guarantee facilities. Start your journey with us today. Connect with an expert Specialist advice & solutions for building contractors and many other industries Surety bonds are a popular alternative to bank guarantees. Utilising the insurance sector en...
Surety Bond vs. Insurance There's some important distinctions between a surety bond andinsurancethat are worth calling out. A surety bond is a three-party agreement that guarantees the performance of an obligation, while insurance is a two-party agreement that provides financial protection against s...