Faithful Performance Bond
A type of bond where the coverage goes beyond protection against loss due to dishonesty or fraudulent acts of the principal; it provides protection to the named insured against loss by reason of the failure of the persons covered hereunder to faithfully perform their duties as prescribed by law or by the constitution and bylaws of the insured or their equivalent.
Surety Bond Resources
Think a surety bond works like insurance? It doesn’t. You pay, but you’re still responsible. What is a surety bond?...
A landscaping bond is a type of business service bond that protects your clients from theft or fraud by employees....
A moving company bond is a surety bond that protects your customers if an employee steals or damages their belongings....
Questions?
Leo semper aliquet conubia nam aenean non iaculis egestas condimentum cursus nascetur, dignissim at imperdiet maecenas dapibus convallis tempus aliquam primis tincidunt faucibus, ultrices potenti quis mattis.