INSURANCE BOND



INSURANCE BOND

A surety bond is a three party agreement. Where the sirrance company (surety) backs up the insured by

offering a third party guarantee of the insured’s actions or performance the surety agrees to honor the

insured’s obligations (s) towards the oblige in the events of the taller’s default. Therefore, if the

principal defaults the Obligee looks to the surety company for payment

MOST COMMON BOND TYPES

Miscelaneous Bonds

  • AAA (Water Server)
  • AEE (Electrical Services)
  • PRTC (Telephone Service Provider)
  • U.S. Customs (Imports)
  • Lease Bonds



Contract Bonds

  • Bid Bonds
  • Payment and Performance Bonds
  • D.A.C.O. Bonds
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PO Box 363832 San Juan PR 00936-3832

T: +1 (787) 754-0900

F: +1 (787) 754-0940

info@caribeprofessional.com



Licence Bonds

  • Travel Agency
  • Real Estate