Bid bond is issued as part of a bidding A bid bond is important to show proof of guarantee to the project owner that you can comply with the bid contract and also that you can accomplish the job as laid out in the contract. A bid bond is a guarantee that you provide to […]
August 6, 2022
What is a Fidelity Bond? A fidelity bond, or employee dishonesty, is not insurance but it protects your business against specific losses that may occur from the dishonest acts of employees. The fidelity coverage guarantees that the insurance company will pay the insured business for money or other property lost because of dishonest acts […]
May 27, 2018