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A surety bond, sometimes called business bond insurance, is a contract among three parties guaranteeing that work will be completed according to requirements. Other surety bonds guarantee payment of tax or other financial. A surety bond is a promise to be liable for a debt, default or failure of another. A surety is a promise that financial. Sureties can be.
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A surety is a promise that financial. Sureties can be made by issuing surety bonds, which are legal contracts obligating one party to pay if the other fails to live up to the agreement. A surety bond, sometimes called business bond insurance, is a contract among three parties guaranteeing that work will be completed according to requirements. Some surety bonds.
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Some surety bonds provide coverage for, or ensure compliance with, local, state, or federal licensing and permit requirements. Other surety bonds guarantee payment of tax or other financial.