PTP Insurance Agents of Naperville, IL, an independent insurance agency

Business Bonds   Commercial (Business) Insurance? Commercial Vehicle Insurance General Business Liability Insurance Builder's Risk Insurance Business Owners Insurance Policies Group Life Insurance Group Health Insurance Worker's Compensation Bonds Get a quote   What are the various types of business bonds? License & Permit Bonds. Various government bodies require permits for most businesses to start and to continue in business. To get a permit, among other requirements, the individual or corporation must post a bond that guarantees compliance with the laws, regulations and ordinance relating to that business. License and Permit Bonds fulfill this need. Some examples of bonds that may be required depending on the business activities include: Sign License bonds Real Estate Broker bonds Mortgage Broker bonds Cigarette Tax bonds Contractors License bonds Gasoline Tax bonds Outdoor Advertising bonds Private Detective License bonds Motor Vehicle Dealer bonds Plumber, Electrician License bonds Liquor License bonds Street Obstruction bonds Notary Bonds: Notary Public bonds provide a guarantee that the bonded Notary Public person will faithfully perform the duties as prescribed by their jurisdictional laws. Lost Instrument Bonds: When an individual loses a savings bank book, a stock certificate, a building and loan share, or some similar document, the issuer requires an indemnity bond to be presented prior to the delivery of a duplicate document. The bond guarantees that, in the event the original document is found, it will be returned to the obligee or surety for proper disposal. There are two types of lost Instrument Bonds, open and fixed penalty: An open penalty bond is usually required for the replacement of lost documents such as stocks and bonds because of the fluctuation of the value of these types of securities. The bond is open since the dollar amount cannot be known in advance. A fixed penalty bond is normally used for the replacement of known value documents like a certified check. ERISA Bonds: The Employee Retirement Income Security Act of 1974 (ERISA) requires that every person who handles funds of an employee benefit plan and every fiduciary of such plan shall be bonded. Public Official Bonds: Most Public Official Bonds are meant to guarantee a public officer's faithful performance of duty and are required by law. A Public Official Bond is for the protection of the public. Examples of Public Official Bonds include: Notary Public bonds Dog Catchers Individual Public Official Court Clerks Hunting & Fishing bond Treasurers Tax Collectors Officers of the Law

People to People Insurance Services Inc. - 1240 Iroquois, Naperville, IL, DuPage County - Serving Chicagoland (630) 355-2355

Naperville Illinois personal and commercial independent insurance agents, PTP Insurance Agency, serves clients throughout the metropolitan Chicagoland area which includes Cook County, DuPage County, Kane County, Kendall County and Will County; including, but not limited to, Naperville, Bolingbrook, Plainfield, Aurora, Batavia, Barrington, Berwyn, Bedford Park, Bloomingdale, Brookfield, Burbank, Burr Ridge, Carol Stream, Chicago, Clarendon Hills, Countryside, Darien, Downers Grove, Elgin, Elmhurst Glen Ellyn, Glendale Heights, Hickory Hills, Hoffman Estates, LaGrange, LaGrange Park, Lemont, Lisle, Lockport, Lombard, Lyons, Mokena, Montgomery, Oak Brook, Oswego, Romeoville, St Charles, Schaumburg, Shorewood, Sycamore, Warrenville,West Chicago, Westmont, Woodridge and Yorkville.