Commercial surety bond

Commercial surety bonds are written in regards to assuring the performance of one party towards another in a business relationship. These are the most common forms of commercial bonds:

  • Administration and Property Guardianship Bonds that usually deal with trust and estate matters.
  • Customs and Excise bonds which deal with the import and the export of goods.
  • Lost document bonds which cover the financial impact associated with the loss of business documents.
  • License and Permit Bonds which can be required by a municipality or government. This license or permit will have specific conditions that must be met and the bond is the assurance.