Licence and Permit Bonds
Licence and Permit Bonds are required by the Federal, Provincial and Municipal Government (Obligees). The bond guarantees the Principal will comply with the regulations and bylaws and are typically part of a licencing requirement. Licence and Permit Bonds allow the Principal to qualify for a licence or permit to operate in certain businesses and helps provide a level of financial protection to the consumer.
Examples of Licence and Permit Bonds are:
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* Download Commercial Surety Short Form Application – Aggregate Bond Exposure Up To $50K -- Only applicable to those bonds listed on the application
* Download Commercial Surety Application – Bond Exposure Over $50K -- Additional information may be required
