Archive for March 23rd, 2016

How Surety Bonds Are Different Than Insurance

March 23, 2016

Bonding Defined There is a big difference between a surety bond and business insurance. With church business insurance, there is a contract or agreement (the policy) between the insured and insurance company. The church business insurance policy outlines the terms of the agreement. Under the policy terms, the insurer agrees to indemnify the insured for […]

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