BOND INSURANCE – COMMERCIAL

Commercial surety bonds represent a wide variety of bonds. Commercial surety bonds normally respond to an act/law and can be part of a licensing requirement.

As a general rule, Commercial Surety Bonds protect the consumer against fraud, misrepresentation and compensation of monetary loss and are required by the Courts, Federal, Provincial and Municipal bodies, financial institutions and private Corporations.

Commercial Surety is comprised of the following major classes of bonds: Customs and Excise, License and Permit, Fiduciary, Lost Document and various special commercial bonds.

Commercial Surety Bonds have proven to be a cost effective method of ensuring compliance with a variety of important laws and regulations.