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What is a bond?
A Bond is a written promise that an insurance
company will back up the promises made by someone else.
For example, Fiduciary bonds are required
if you are appointed by a court to handle an estate when someone dies.
To qualify as an executor for an estate, you must arrange for a bond guaranteeing
that you will faithfully perform your duties in accordance with the law,
a will, and the orders of the court.
Below is a sample of the bond types available:
Blanket
Court
Fidelity
Fiduciary
License &
Permit
Performance
or Payment
Public Official
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