A surety bond The Surety Seven Company's Secret to Business Activity Trust

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A surety bond is a common option for protection. Surety bonds allow one party to give the other a financial assurance or guarantee, such as one about the payment or completion of a project. A surety bond is a financial assurance given by a third party that the recipient will carry out their half of the bargain. In the event that the company defaults on its responsibilities, the surety bond either obligates or protects the project awarding body from lost earnings or property damage. Visit the website for more information.