Protect

[Bond Magician]

Does a bond do anything to protect ME?

[Surety Wizard]

The bond typically does not do anything to protect you. A bond is usually set in place to protect the obligee and your clients. This bond language states that you will operate your business ethically and under the guidelines they have set forth listed in the bond. The bond is a requirement for obtaining a license.
The only protection or advantage for you is that it allows you to become licensed and if there ever would be a claim the Surety Company will step in and investigate a claim against you before they pay out.