Click to verify BBB accreditation and to see a BBB report.
Follow us on twitter!
+ Reply to Thread
Results 1 to 3 of 3
  1. Numbers
    Numbers is offline Member
    Join Date
    Oct 2007
    Posts
    80

    Main beneficiary

    Who is the main beneficiary under a bond?
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
    Reply With Quote Reply With Quote  
  2. marietta68
    marietta68 is offline Surety Professional
    Join Date
    Jul 2007
    Posts
    112

    A surety bond is a three party agreement. The parties are the principal, the obligee, and the surety. The surety guarantees the performance of the principal (in some underlying agreement) to the obligee. The "beneficiary" of the surety bond is the obligee.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
    Reply With Quote Reply With Quote  
  3. Surety Wizard
    Surety Wizard is offline Senior Member
    Join Date
    Sep 2008
    Posts
    110

    If the obligee is the "beneficiary" what does this bond do for me? What does it cover me for? Is it an insurance policy type product for me?
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
    Reply With Quote Reply With Quote  
« Previous Thread | Next Thread »

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Forum Rules


Content Relevant URLs by vBSEO 3.5.0 RC1 PL1