169 Pembina Avenue · Hinton, AB · T7V 2B2

(local) 780.865.2271

(toll free) 1.800.661.0380

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Bonds are often required by a person or company in order to run their business.

A contract bond guarantees that the contractor will carry out the obligations of his contract. Bid bonds, performance bonds, labour and material bonds are some of the contract bonds that are available.

A fidelity bond protects an employer against the dishonest acts of his employees. Larceny, theft, forgery and embezzlement or other fraudulent or dishonest acts of employees are protected with a fidelity bond.

Government authorities and some businesses require that you post a bond before they will allow you to engage in your business activities. These are license and miscellaneous surety bonds. Building movers, electrical and gas contractors, and auto dealers are a few examples of businesses requiring this type of bond.

A service bond is used where a business owner is required to guarantee the performance of himself or his employees if a dishonest or fraudulent act is committed during the course of their work. Carpet cleaners, janitorial services, and painting contractors are a few examples of businesses that may require this type of bond.

Administration/fiduciary bonds and lost securities bonds are also available.

Please contact our office for information on the bond application process.

Tip of the Month

Home Owner Insurance
Your homeowners' insurance policy covers your house and personal property, and protects you from liability claims. You should purchase this coverage as soon as you become the owner of a house, even if it is still under construction.
All homeowners' policies provide coverage for:
* Your house and the structures attached to it.
* Your personal property (the contents of your home) such as furniture, appliances, clothing, and the personal belongings of family members living with you.
* Personal liability in such case that you are held legally responsible for injuries or property damage to others.

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