A surety bond is a promise to pay the obligee a certain amount if a second (the principal) fails to meet obligations agreed upon (fulfilling the terms of a contract). This bond protects the obligee against losses resulting from the principal's failure to meet the obligation.

Surety bond type includes:

A Contract Surety Bonds: This is a guarantee from a surety company to a project owner (obligee) that a contractor (principal) will adhere to the provision of the contract signed. Bellshill Insurance Services provide this service through its experienced team of underwriters. Our contract surety Bond is categorised as Bid Bonds, Performance Bonds, Payment Bonds, maintenance Bond.

B Commercial Surety Bonds: We offer commercial surety bond under the following category:
1. License and permit
2. Court
3. Public official
4. Miscellaneous

C License and permit: To participate in some type of business activities, certain federal, state and municipal government requires License and Permit from the principal. They include:
a) Contractors License Bonds
b) Customs Bonds
C) Tax Bonds
D) Motor vehicle dealer bonds
c) Money transmitter bonds
f) Brokers Bonds

D) Court Bonds: These are bonds prescribed by statue and relate to the court. Bellshill Insurance Services Surety also offers Judicial and Fiduciary bonds.

E) Public official Bonds: This bond guarantee the honesty and faithful performance of elected to positions in government. These bonds include: town clerks, law enforcement officers, commissioners, judges, notaries public and treasurers. We also offer surety on the public official bonds.

F) Miscellaneous Bonds: are classified under bonds that do not fit in with commercial or contract bonds. This bond is related private relationship and unique business needs. We offer this surety in the following category: lost securities bond, hazardous waste removal bonds, Credit enhancement financial guarantee bonds, self–insured workers compensation guarantee bonds, and wage and welfare/fringe benefit (Union) bonds.

Contact us today to secure a credible surety that will serve your business purpose. Our team of underwriter shall handle your surety request with ease and provide the services in a timely manner