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Surety Bond Details
Cost: Depends on applic...
Indemnity Bond | ||
---|---|---|
Category: | License & Permit Bonds | |
Obligee: | Georgia **Generic Obligee** (Party/Entity/Business Requiring you obtain bond) | |
Amount: | Varies | |
Duration: | Stated on Bond | |
Expiration: | Stated on Bond |
Georgia Indemnity Bond An indemnity bond is a bond that is intended to reimburse the holder for any actual or claimed loss caused by the issuers conduct or another persons conduct. An indemnity bond acts as coverage for the loss of an obligee when a principal fails to perform according to the terms agreed upon between the obligee and the principal.
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Mt. Pleasant SC 29464