When we think of bonds, most of us think of savings bonds, which we can find at a bank. However, a bond can also be an agreement or contract between businesses, investors or other stakeholders. Businesses and entities have the option to purchase bond insurance, which can protect both a business and investor’s interests in an agreement with one another. Securing bond insurance also involves a credit check due to the risky nature of a bond agreement. To learn more about the different types of bond insurance, or where to go to find bond insurance, call a reputable bond insurance company in Marysville, American Insure-All® today.
What Are the Advantages of Bond Insurance?
Bonds can help businesses in a variety of ways. Bond insurance can offer a blanket of protection for the business, investor, stakeholder or supplier. For example, in a situation when a bond is set up between a business and investor, businesses are more confident about their plans for growth and development with the help of an investor’s support and resources, and with bond insurance, an investor is still guaranteed to receive principal and interest payments, even if the business fails. Bond insurance is most common in the financial industries and even construction industries.
What Kind of Bond Insurance Types Are Available?
The team at American Insure-All® is experienced in working with some of the following types of bond insurance:
- Contract performance bonds
- License and permit bonds
- Payment bonds
- Bid bonds
- Supply bonds
- Maintenance Bonds
For more information on bond insurance agency, stock insurance company, bond insurance company ratings, bond auto insurance, contact a bond insurance company in Marysville by calling American Insure-All® today at (888)411-AUTO.