Surety bonds guarantee that an insurance company will reimburse your client when your business fails to complete a project or fulfill a contract.
Different professions have different types of surety bonds. Examples include:
These surety bonds are not all the same. For example, a janitorial bond protects a cleaning company's clients against employee theft and property damage. A contractor's bond, on the other hand, guarantees that a business will complete a construction project in compliance with building codes and other standards. A notary bond assures clients that a notary public will adhere to legal as well as ethical standards.
Professional liability insurance guards against missed deadlines and allegations of negligence.
Cyber liability insurance helps companies recover from data breaches and cyberattacks.
Looking for different coverage? See more policies.
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