What is an Insurance Bond?An insurance bond ensures contract completion in the event of contractor default and are typically required by project owners when seeking a contractor to fulfill a contract.
The contractor obtains a bond so the insurance company is obligated to compensate the project owner for the financial loss incurred if the work is not completed. Typical Insurance Bond TypesAlthough there are many types of insurance bonds, the four most common types needed by business owners are:
Contact us to learn more about the right insurance bond for you. |
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This is not an offer of securities in any jurisdiction/ nor is it specifically directed to a resident of any jurisdiction. As with any security, request a prospectus from your Registered Representative. Read it carefully before you invest or send money. A Representative from Martin & Murray Wealth Solutions, LLC will contact you to provide requested information.
Representatives of AIC do not provide tax or legal advice. Please consult your tax advisor or attorney regarding your situation.
This is not an offer of securities in any jurisdiction/ nor is it specifically directed to a resident of any jurisdiction. As with any security, request a prospectus from your Registered Representative. Read it carefully before you invest or send money. A Representative from Martin & Murray Wealth Solutions, LLC will contact you to provide requested information.
Representatives of AIC do not provide tax or legal advice. Please consult your tax advisor or attorney regarding your situation.