What is a Surety bond ?

[Question]

What is a Surety bond and why do I need it ?

[surety]

Surety Bond Definition :
A Surety Bond is an agreement subject to the Bond Form. The Surety Bond is usually required for monetary compensation for failure to perform specified acts referenced in the Bond Form.
A Surety Bond is a generic name for all bonds. Bonds are usually required by the state or Federal Government; these bonds are called License and Permit Bonds. Surety bonds are required to protect the consumer or obligge

[surety]

Originally Posted by surety

Surety Bond Definition :
A Surety Bond is an agreement subject to the Bond Form. The Surety Bond is usually required for monetary compensation for failure to perform specified acts referenced in the Bond Form.
A Surety Bond is a generic name for all bonds. Bonds are usually required by the state or Federal Government; these bonds are called License and Permit Bonds. Surety bonds are required to protect the consumer or obligge

You can use the Surety Bond Application for any surety bond you need (this application is not for Fidelity Bonds or Contract just license and permit bonds)