Executor Bonds: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Executor bonds What is an Executor Bond? Executor bonds, sometimes referred to as personal representative or fiduciary bonds, are government-required surety bonds that certain executors and administrators must purchase as a prerequisite to obtaining a fiduciary appointment over …
Release of Lien Bond: A Comprehensive Guide Having a lien placed against your customer’s property can prevent them from selling the property or completing a construction project. Worst-case scenarios can even result in foreclosures. Release of Lien bonds allow your customers to shift the lien’s liability away from their property, providing them with more time …
Court Bonds: A Comprehensive Guide Court bonds are an important surety bond class that insurance agents are bound to encounter throughout their careers. There are many different types of court bonds, each with its own unique purpose and underwriting criteria. To help agents better understand these bonds, we have put together this comprehensive guide explaining …
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