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  1. Numbers
    Numbers is offline Member
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    Oct 2007
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    80

    Form of insurance?

    Is a bond a form of insurance?
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  2. Surety Queen
    Surety Queen is offline Surety Professional
    Join Date
    Oct 2007
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    558

    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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