Surety Insurance
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Moose Jaw Surety Insurance
A surety assures the obligee that the principal will fulfill the contractual obligation. We offer the following bonds:
Contract Bonds
A contract bond guarantees a surety to a project owner, typically in the construction industry, that a general contractor will abide by their contract. These include:
- Bid Bonds
- Surety Letter (Consent of surety)
- Performance bond
- Labour and material bonds
Commercial Surety Bonds
Commercial surety bonds cover some of the bond types considered necessary for government regulations or statutes related to the courts. A few types include:
- Licence and miscellaneous surety bonds
- Service bonds
- Administration or Fiduciary bonds
- Lost-Securities bonds
Fidelity Bonds
A fidelity bond is a financial guarantee to an employer against loss caused by the dishonesty of an employee. There are 2 types of Fidelity bonds:
- Blanket position bonds
- Commercial blanket bond
- Blanket position bond
- Named-Scheduled fidelity bonds