Category: Bonds

  • insurnace

    General Liability and Professional Liability Insurance Defined

    There are several types of liability insurances to help protect your business from third party claims.  How to determine which ones best cover the risks for your particular company takes careful consideration and a knowledgeable insurance broker to help with risk assessment and evaluation.  Below we have summarized a few of the different types of liability insurance that […]

    February 11, 2022


    Reasons Small Businesses Need Commercial Insurance

    If you own a small business, you know how hard you have worked to get your business started and sustainable. Most small businesses fail in the first the year. So congratulation, you have made it this far. Even if your firm is run out of your house or car, you should think about small business […]

    November 12, 2021

  • General Liability For Business

    We understand all businesses are unique. Just because you are a small or medium sized business does not mean you are exempt from litigation. All businesses need General Liability Insurance to protect your organization from unforeseen events. General Liability Insurance should be the foundation of your insurance program. General Liability Insurance provides the following coverage: […]

    December 9, 2020

  • building

    Commercial Property Insurance and Additional Coverages

    One of the most common types of business insurance, commercial property provides a wide range of coverage for buildings and contents such as, inventory, equipment, tools and more.  Losses from fire, break-in, vandalism, windstorm and other natural or manmade disasters are examples of what is typically covered on a standard policy, a separate policy, or […]

    September 14, 2020

  • Why It Is Important to Have Us Review Your Lease Agreements

    Why It Is Important to Have Us Review Your Lease Agreements A Business Insurance Update Most businesses enter into lease agreements from time to time. These agreements might involve equipment, buildings or other products and or services.  Every lease agreement has insurance provisions.  Your commercial insurance may or may not respond to the lease requirement, […]

    December 11, 2019

  • Do You Need Crime Insurance?

    Crime insurance is insurance to manage the loss exposures covering money, securities and other property resulting from criminal acts such as robbery, burglary, employee theft, forgery, extortion and computer fraud. This type of insurance is also called “fidelity insurance”. A crime insurance policy is designed to meet the needs of organizations other than financial institutions […]

    August 21, 2019

  • ERISA Bond, Pension Bond or Fiduciary Liability Insurance

    the management and administration of employee benefit plans The bonds mentioned above are at times intermingled, but have specific roles in how they are used. The Employee Retirement Income Security Act (ERISA) is a federal law enacted in 1974 that established minimum standards for plan administrators and investment advisers to protect employee pension and health […]

    August 24, 2016

  • What is a Surety Bond?

    Definition A surety bond or surety is a promise by a surety or guarantor to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal’s failure […]

    May 24, 2016