How are surety bonds different from insurance - Surety Bond Forums

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04-13-2009, 01:49 PM

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How are surety bonds different from insurance

Surety Bonds are for consumer protection that coincides with professional services and licenses. Surety bonds are one of the oldest forms of insurance dating back thousands of years. Surety bonds are more of a reverse insurance policy protecting the consumer not the principal of the surety bond.

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