Why do I have to personally indemnify for my bond?

I was told I had to personally indemnify for bond, why?

[Surety Guy]

This is a common question...The simple answer is that the surety wants you to be able to hold you personally liable if you are negligent.

Another member on this board made a great point, why would any bonding company want to guarantee your work if you won't?


There is an article about personal indemnification on our blog: Personal Bond Indemnification

[Admin]

There was another thread started on this same question, you may want to read it: http://forums.jwsuretybonds.com/showthread.php?t=25