Bonds

Bonds are often required by a person or company in order to run their business. At Kindersley Insurance we represent several surety companies that can supply a wide variety of bonds.

Category:

A Contract Bond guarantees that the contractor will carry out the obligations of his contract.  Bid bonds, performance bonds, labour & material bonds are some of the contract bonds that are available.

A Fidelity Bond protects an employer against the dishonest acts of his employees.  Larceny, theft, forgery and embezzlement or other fraudulent or dishonest acts of employees are protected with a fidelity bond.

Government authorities and some businesses require that you post a bond before they will allow you to engage in your business activities.  These are Licence and Miscellaneous Surety Bonds.  Building movers, electrical and gas contractors and auto dealers are a few examples of businesses requiring this type of bond.

A Service Bond is used when a business owner is required to guarantee the performance of himself or his employees in case of a dishonest or fraudulent act being committed during the course of their work.  Carpet cleaners, janitorial services and painting contractors are a few examples of businesses that may require this type of bond.

 

Administration/Fiduciary bonds and Lost Securities Bonds are also available.
Please contact our office for information on the bond application process.

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