SURETY Experience you can rely on
Approved Casualty & Surety’s team of surety experts have years of experience working with contractors and subcontractors. We understand all aspects of the construction business such as contract terms, financing, succession planning, and any foreseeable owner and industry issues. When our clients need a consistent surety program, we have what it takes to make it happen.
Contract Bonds are types of surety bonds that protect against disruptions or financial loss due to a contractor’s failure to complete a project or failure to meet contract specifications. In short, Contract Bonds ensure a project is completed according to the contract.
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More about Contract Bonds
Contract bonds are a type of surety bond that helps protect both parties in a contractual agreement. Contract bonds are typically used in large-scale construction projects, where it is important to ensure that the contractor fulfills their obligations and that the principal is financially protected. Contract bonds help to guarantee payment to subcontractors and suppliers, protect the principal from financial losses due to a contractor’s inability to complete the project, and ensure that ethical standards are maintained.
Overall, contract bonds provide an important layer of protection in any contract, ensuring that all parties are protected and that the terms of the agreement are followed.
Contract bonds are an essential part of any successful construction project and business, helping to guarantee payment and protect against potential losses.
APPROVED CASUALTY & SURETY IS A PROUD PARTNER OF THE AIR MILES® REWARD PROGRAM
We are proud to be the first surety brokerage to offer Reward Miles for our Surety Bond products. Collectors can get AIR MILES Reward Miles ™ on eligible Bonding Premium and redeem for meaningful Rewards to suit their lifestyle. Collect Miles and use Miles for what matters to you!
For any questions regarding the Reward Program please contact us for more information.