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EXCLUSIVE BOND
(created by Bond Guarantee Group, Inc)
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BOND AVAILABLE FOR THESE BUSINESSES
ENTERTAINMENT INDUSTRY
* Entertainer from Booking Agent/Management
* Talent Buyer / Promoter from Booking Agent
* Venue from Talent Buyer / Promoter
BUSINESS TRAINING & NETWORKING (all industries)
* Participant from Conference Providers or Venue
* Seminar/Conference Providers from Venue
* Venue from Participants Organization or Corporation
SCIENTIFIC & TECHNOLOGY INDUSTRIES
* Governmental requirements for performance & supply bonds has been quite limited. (1) The private sector has the option to require a Supply Bond or Service Provider Bond, if they so choose, (2) a service provider may offer our bond in order to obtain a marketing and competitive advantage [we can even establish a bonding credit line/reference], and (3) governmental entities may adopt a strategy to utilize these guarantees.
WHOLESALE & RETAIL TRADE (all industries)
* Generally, the bond industry has provided a Supply Bond for a long time to many wholesale/retail trades. We can either utilize our industry Supply Bond approach, where available, or our Service Provider Bond.
TRANSPORTATION INDUSTRY
* In many situations, the Supply Bond, may be required from the manufacturer or distributor for wholesale/retail trade; while neglecting the Service Provider Bond from the transportation firm.
REAL ESTATE INDUSTRY
* Vacation Rental By Owner (VRBO) may require from real estate and property management companies.
* Property owners may require our bond from property management companies.
AGENTS & BROKERS (all industries)
* Purchasers (clients) may request contractual fulfillment from agents and brokers
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KEY BOND GUARANTEE COMPONENTS
CONTRACTING
* For clients who do not have their own contract, a basic contract available.
* Clients may utilize their own contract; we can guarantee some conditions or offer a full guarantee; subject to underwriting acceptability.
BOND GUARANTEE FORM
* The bond guarantee form is already available for use and your review.
* Changes may be requested, subject to underwriting review and approval.
UNDERWRITING & PRICING
* Risk pricing is primarily contingent upon the bond form. However, pricing can fluctuate by the inherit risk contained within the contract; if a general/basic contract is not utilized and full contractual performance is requested.
* Pricing availability for standard and non-standard applicants and risks.
* The level of underwriting applied and information requested will vary dependent upon; (1) bond penalty amount and (2) whether a bond guarantee for full contractual performance is request.
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