A Surety Bond is a written promise that an insurance company will protect your assets and back up the promises made by someone else. AIS will work with you to find outstanding products supported by value-added services to commercial banks, savings and loans, insurance companies, finance and loan companies, and credit unions.
Construction Bonds - Bid, Performance and Payment Bonds and Supply bonds for contractors with program capacity needs from “First Bond” to $25 million.
Fidelity Bonds - ERISA (Pension Plans), Business Services Bonds (Janitorial)
Financial Institution Bonds and D&O Coverage - Commercial Banks and Savings Institutions, etc.
The above description provides a brief overview of the terms and phrases used within the insurance industry. These definitions are not applicable in all states or for all insurance and financial products. This is not an insurance contract. Other terms, conditions and exclusions apply. Please read your official policy for full details about coverages. These definitions do not alter or modify the terms of any insurance contract. If there is any conflict between these definitions and the provisions of the applicable insurance policy, the terms of the policy control.