How Does a Surety Evaluate a Principal’s Ability to Perform?
shared by suretybondauthority on Nov 12
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Evaluating a principal’s ability to perform an obligation is the final step in the underwriting process. To get approved for surety bonds you will need to provide your surety company with accurate a...
nd timely underwriting updates. And with that, the surety industry has long pinned down the “Three C’s of underwriting” in gauging the principal’s to perform.
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