Bonds aren’t only for businesses and contractors; bonds for individuals are an important component of our business!
For example, Pennsylvania requires each notary to provide a $10,000 bond as a condition of their notary public appointment. A local tax collector may have to be bonded in their role as a municipal employee.
Fiduciaries act on behalf of another individual. This type of secured bond serves as a guarantee that the bonded person will act in the best interest of the beneficiary.
There are many different types of bonds and overlap between contract and commercial surety, as well as for businesses and individuals. Questions? Feel free to give us a call at 302-762-7936 or send us an email. We can help take the “mystery” out of your bond needs!