Surety Bond a three party agreement whereby a guarantor (insurer) assumes an obligation or responsibility to pay a second party (obligee) should the principal debtor (obligor) become in default. What is Surety Bond , What does mean Surety Bond , Insurance Guide, Insurance Glossary
Unearned Premium Reserve all premiums (fees) received for coverage extending beyond the statement date; appears as a liability on the balance sheet. What is U... more
