This 3 hour course (#54828) will update your license with 3 hours Property and Casualty Credit.
Most agents know that
bonds are not insurance. However, insureds are often confused about the
differences between a bond and an insurance policy. This course will discuss
these differences, introduce the various types of surety bonds and discuss the
underwriting and unique characteristics of bonds. The emphasis for the majority
of the course will be contract bonds
including bind bonds, performance and payment bonds, and maintenance bonds. We
will review each of these bonds, how they operate and the underwriting
requirements. Our discussion will include personal indemnity agreements,
financial documentation, contract status reports and much more!
