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What is Surety? Defined

by | Jun 16, 2020 | Surety Bonds | 0 comments

What is Surety? Defined

What is Surety? Defined: Surety is a guarantee that an undertaking will be completed.  Surety in other words is a bond or instrument of credit.

 

What is a Surety

What is a Surety? A Surety is one that becomes legally liable for the potential default or failure of another. A surety company guarantees that the party being asked to buy a bond will complete their obligation to party requiring the bond.

Who to Contact for all of your Surety and Insurance needs

Seaman’s Insurance Group is your premier boutique independent surety agency.  We are here to help you with all of your surety bond needs including but not limited to bid bonds, contract bonds and maintenance bonds.  We can are here to help you with your contract bonds whether they are domestic (here in the USA) or international (contract elsewhere in the world).

Contact us now for all of your sure surety bond needs by emailing Matt@SeamansInsurance.com now!

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