An insurance bond, investment bond, surety bond is a premium life insurance for the purposes of investments that allow investors to save over the long term, and are issued and regulated by the Insurance Industry. There are thousands of different kinds of miscellaneous bonds, but typically there are two primary categories of bond types, contract bonds and commercial bonds.
You may be asking why invest in an insurance bond? Bonds can provide growth, and business opportunities may increase if your business is bonded. Another Useful feature of Bonds for planning scenarios include the tax deferred status, write the investment in trust and reduce the inheritance tax liability on an estate.
Bonding can be a exhausting and discouraging process. You can trust the expertise of Knode Insurance to help assist you with your next Insurance bond. Our Insurance agency has a very good relationship with many bonding companies. Knode Insurance can write the following bonds; fidelity bonds, janitorial service bonds, lost title bonds, bonds to protect IRISA, bid bonds, lost note deed of trust bonds, sheriff’s indemnity bonds, payment and performance bonds.
Contact our Insurance agency to step you through the bonding process. Our staff will help expedite your bonding process because of our support in insurance bonding and our association with our bonding firms.