Bond insurance is a safety net that guarantees the payment of principal and interest on a bond if the issuer defaults. If the ...
Bond insurance protects investors if the bond issuer defaults, ensuring missed payments are covered. Insured bonds often receive higher ratings, reducing risk and allowing issuers to pay lower ...
In the heating and plumbing industry, licensed professionals are often required to post a surety bond. This state or local requirement ensures that customers working with heating and plumbing ...