What is an Insurance Bond?An insurance bond ensures contract completion in the event of contractor default and are typically required by project owners when seeking a contractor to fulfill a contract.
The contractor obtains a bond so the insurance company is obligated to compensate the project owner for the financial loss incurred if the work is not completed. Typical Insurance Bond TypesAlthough there are many types of insurance bonds, the four most common types needed by business owners are:
Contact us to learn more about the right insurance bond for you. |
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175 S 3rd Street, Suite #200 Columbus, Ohio 43215 By appointment only (866) 906-4395 Click Here to Email Us |
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Proudly offering insurance solutions in Ohio, Maryland, Michigan, North Carolina, and Virginia.
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Go Fund Your Life® provides home insurance, auto insurance, small business insurance, special event insurance, life insurance, annuities, retirement planning, and financial protection services throughout Ohio. We offer instant quotes for term life and event coverage, along with easy quote request forms for auto, home, and business insurance.
Go Fund Your Life® is a registered trade name of Family Inheritance Solutions LLC. |
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