Read the latest news regarding Commercial, License, Permit, Contract, Court and Fidelity Surety Bonds, and how upcoming changes will affect your business. Check out our glossary page for more information on Surety Bond terminology.
What does it mean to be licensed and bonded?
Jul 01st 2016
This term usually refers to a licensee that also has a surety bond in place with the licensing entity that guarantees the terms of their license.
The specialists at The ProSure Group work to help every client get their bond questions answered quickly and easily. Let us know if you have any other questions about surety bonds.
Getting bonded” is a term that is often misused in connection with obtaining different bonds, as the general public and even many business owners often do not understand the purpose of bonds.