Workers Compensation Insurance

Workers’ compensation insurance is a type of business insurance that provides benefits to employees who suffer work-related injuries or illnesses.

 

Bonds

A surety bond is a written agreement to guarantee compliance, payment, or performance of an act. Surety is a unique type of insurance because it involves a three-party agreement. The three parties in a surety agreement are:

Principal – The party that purchases the bond
Surety – Surety company that guarantees the obligation will be performed
Obligee – The party that requires the surety bond.