Business Insurance Bonds

License & Permit Bonds

These types of bonds are required before granting a license or permit for engaging in a particular type of business. They are usually associated with activities or jobs that involve serious obligations. They guarantee proper action on the part of the business owner. License and permit bonds can be provided for dozens of purposes, including contractor licenses, broker bonds, dealer bonds, escrow bonds, etc.

Pension Trust/ERISA Bonds

This type of bond guarantees that individuals associated with managing a company’s pension, profit sharing or other retirement plan fulfill their fiduciary responsibility and protects the plan and invested funds from dishonesty and fraud.

Dishonesty/Fidelity Bonds

This type of bond protects employers against dishonest acts by employees. Notaries and public official bonds also fall under this category.

Financial Institution Bonds

This type of bond is designed to meet the unique needs of banks and financial institutions, including coverage for employee dishonesty, robbery, forgery, counterfeit, systems data fraud and other situations.

Court & Probate Bonds

These bonds can be required by courts during legal proceedings to protect from possible loss as the result of the outcome of a legal action.