License & Permit Bonds
Some businesses are required by law to purchase a surety bond before being able to operate, including health clubs, liquor distributors, and auto dealers.
Contract Bonds
Required by government or private entities for project-based work.
Contract bonds include bid/proposal, performance and payment, and supply bonds.
Fidelity Bonds
Not required by any government agency but instead purchased by businesses to protect against employee dishonesty or theft.
Also called business services bonds.
Miscellaneous Bonds
These bonds fall outside of the other categories listed and include public official, workers; compensation, utility deposit, self-insurers, etc.
Probate Bonds
Required by a probate court and include executor, administrator, personal representative, guardian, conservator, and fiduciary bonds
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