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Old 02-05-2008, 12:05 PM
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Join Date: Oct 2007
Posts: 80
Default Form of insurance?
Is a bond a form of insurance?
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Old 02-09-2008, 04:16 PM
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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.
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