Thread: Form of insurance?
View Single Post
  #2 (permalink)  
Old 02-09-2008, 04:16 PM
Surety Queen Surety Queen is offline
Surety Professional
  
Join Date: Oct 2007
Posts: 558
Default Form of Insurance?
Quote:
Originally Posted by Numbers
Is a bond a form of insurance?
In the simplest terms, a surety bond is a guarantee. What the bond guarantees varies depending on the language of the bond. It is a form of credit, not insurance.
Reply With Quote