Surety / Bonds / Fidelity

Surety / Bonds / Fidelity

A contract under which one party (the surety) guarantees the performance of certain obligations of a second party (the principal) to a third party (the obligee).

For example, most construction contractors must provide the party for which they are performing operations with a bond guaranteeing that they will complete the project by the date specified in the construction contract in accordance with all plans and specifications.

Bonds: A three-party contract in which one party, the surety, guarantees the performance or honesty of a second party, the principal (obligor), to the third party (obligee) to whom the performance or debt is owed.

Our Business Insurance Specialists handle a wide range of Surety / Contract Bonding requirements as well as Miscellaneous Bonds with a variety of insurers across Canada.

Some of the surety products offered would include:

  • Bid Bonds, Consents of Surety & Pre-qualification Letters
  • Performance & Labour & Material Payment Bonds
  • Lien Bonds and Release of Hold Back Bonds
  • Developer Bonds
  • Pre-paid Contractor Bonds

Other Miscellaneous Surety Bonds including:

  • Auctioneers
  • Canada Customs Bonds
  • Consumer Protection – Collection Agencies
  • Consumer Protection – Debt Repayment
  • Direct Sellers Bonds
  • Driver Training Schools
    Excise – Brewers and Spirits / Tobacco
  • Foreign Employment Agency
  • Home inspectors
  • Private Investigator & Security Guards
  • Real Estate Agent / Broker Bond

Other Miscellaneous Bonds as requested.

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