Bonds

Need to meet with a local agent to discuss your bonding needs?  Our agents are available to meet with you in Raleigh, Cary, Wake Forest, Garner, Fayetteville or Sanford. 

What are bonds?

An issuer of a bond can purchase bond insurance to guarantee scheduled payments of interest and principal on the bond to its bondholders in case the issuer defaults. Once the issuer purchases bond insurance, its credit rating is replaced with the insurer’s credit rating. Premiums are a measure of the perceived risk of failure of the issuer and are paid to the insurer in either lump sums or installments.

What are the benefits of being bonded?

Being bonded gives issuers the ability to leverage business growth. With the increased stature of having the insurer’s credit rating, a business can feel safer in taking risks to improve and grow the business. This is especially true in the construction and financial industries.

A bonded business can obtain unbiased criticism from a credit professional and seek advice in underwriting projects.

Some bonds we handle include, but are not limited to, the following:

• Contract performance bonds
• Bid bonds
• Maintenance bonds
• Payment bonds
• Supply bonds
• License and permit bonds
• Employee dishonesty bonds
• Janitorial bonds
• Court and guardianship bonds
• Pension (ERISA) bonds
• Notary Public Error & Omissions bonds
• Tax Preparer Error & Omissions bonds

Get started today!

 Thank you for your interest in Anders, Ireland & Marshall Insurance. If you would like to speak to an insurance professional please feel free to call our office at 919.755.1401 or 800.726.1228. If you would like to email your questions to us, one of our agents will reply promptly.