A bond is a guarantee of a performance or obligation. Bonds are required in the construction industry, legal field, by States as a requirement for various licenses, as well as for other reasons.
In exchange for a premium, an insurance company issues bonds, which allow companies or individuals to forego posting cash or letters of credit. Bonds are underwritten based on the applicant’s financial condition, credit worthiness, and experience. Beacon Group represents multiple bonding companies and would be happy to answer any questions you may have.
Types of Bonds Insurance We Offer
This is a surety bond that protects the beneficiaries of the estate against fiduciary misconduct.
Ensures a legal guardian acts in the best interest of the person they care for & follow all orders of the court without taking advantage.
More specialized bonds such as Administrator, Appeal, Attachment, Conservator, Executor, Garnishment, etc. Click to learn more
Click to fill out a quote for License, Permit, Misc. bonds. Our team at Beacon Group Inc wants to help you, reach out today.
A type of construction surety bond that acts as a level of financial protection for the client of a construction company.
The Motor Vehicle Dealer Bond protects customers against fraudulent or unethical actions by a dealer.
These are surety bonds that provide protection to anyone who suffers a loss as a result of a violation.
A type of surety bond that protects your customers from acts of theft, larceny or fraud committed by you or your employees.