Surety Bonds | Bonding Services
Managing risk is important to your business. That’s why Glenn Insurance has long-standing relationships with leading fidelity and surety companies to find you the right fit for your bonding needs.
A surety bond is a three-sided contractual agreement guaranteeing that a business or individual will fulfill their obligations under a contract and in accordance with business regulations.
The three parties involved are:
- Obligee (the party requesting a surety bond)
- Principal (the party obtaining the bond)
- Surety (the surety company backing the surety bond financially)
Different than insurance, surety bonds are designed to guarantee the principal’s integrity, honesty and performance responsibilities, as well as compliance with a law or contract. Surety bonds also help small businesses win contracts by providing customers with a guarantee that work will be completed. Many public and private contracts require surety bonds.
With more than a century of experience in the insurance industry, Glenn Insurance has a large network of providers, enabling us to offer a full range of bonds with competitive terms along with the fast turnaround and reliable customer service that have become hallmarks of our company.
Bonds we offer:
- License and Permit Bonds
- Employee Dishonesty Bonds
- Bid Bonds
- Guardianship Bonds
- Performance and Payment Bonds
- Maintenance Bonds
- Lost Instrument Bonds
- Administrator and/or Executor Bonds
- Business Administrator Bonds
- Business Service Bonds
- Bankers Blanket Bonds
- Stamp Surety Bonds
Have questions? Call our bonding specialists Kamini and Kelly for more information.
Kamini Patel | (609) 857-6616 | KPatel@GlennInsurance.com
Kelly Smuzinsky | (856) 777-5410 | KSmuzinsky@GlennInsurance.com