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Bonds Information
When we think of bonds, we often think of the investment option set up through banks. While these types of bonds are tied to the same concept, when we talk about bond insurance here we are referring to business investments and why purchasing bond insurance is a good idea…and why it’s crucial to grow and protect your business.
What does Bond Insurance Mean?
First, let’s start with a quick summary of bond insurance. A business or investor can buy bond insurance to ensure that scheduled interest and principal payments are paid to the bondholders in the event of default. Much like a loan or line of credit, credit ratings are considered with bond insurance. This is because premium payments measure the potential risk of a bond issuer.
What are the Advantages of Bond Insurance?
Bonds give businesses the opportunity for growth. By establishing a “bond” with an investor, companies can feel reassured when boosting business resources and capital—without the typical financial risks. Bond insurance is especially important in the financial world as well as construction industry.
What Kind of Bond Insurance Types Are Available?
At American Insure-All®, we offer a number of types of bond insurance to help businesses leverage growth and maximize growth opportunities…because we also understand the risks.
A few types of bond insurance we provide are:
– Contract performance bonds
– License and permit bonds
– Payment bonds
– Bid bonds
– Supply bonds
– Maintenance Bonds
– And many more…
For more information on bond insurance, contact your local American Insure-All® insurance agent for questions. Call American Insure-All® today at (888)411-AUTO for your questions on bond insurance, for a free quote, and to get started!
When our previous insurance provider decided to make a change in our career we were a little anxious. We had become accustomed to being on a first-name basis and getting quick responses to our requests. Little did we know at the time we had nothing to worry about as American Insure-All has more than met our previous expectations. Don and his team have been quick to respond to our needs and provide us with the peace of mind that we were looking for in a provider.