License Permit Bonds
License and Permit Bonds are required by Federal, Provincial and Municipal Governments to guarantee compliance with regulation and bylaws relating to a specific license or permit. These bonds ensure that an individual or business fully meets all Government rules and regulations.
Certain areas of businesses pose more risk to the public – such as: sales, service providers, manufacturing and/or production distribution. With this, businesses operating in these areas may require a license and Permit Bond. Governments regulate these types of businesses and activities to protect the public against incompetence, misrepresentation, fraud, physical damage, or bodily harm.
Learn more about the specialized coverage we can offer and policy types for: