Chubb Transactional Surety Bonds

A license bond or permit bond is generally required by statute as a condition of obtaining a license or permit in a particular jurisdiction. Common types include:

• Auctioneer bonds
• Contractor license bonds
• Excess weight & oversize bonds
• Funeral director bonds
• Health spa bonds
• Insurance agent bonds
• Mortgage bonds
• Motor vehicle dealer bonds
• Real estate agent bonds
• Title bonds

Probate bonds and judicial bonds may be required by a court to ensure the honest and faithful performance of a court-ordered duty or to protect the court or opposing party against a loss. Common types of court bonds include:

• Administrator bonds
• Appeal bonds
• Attachment bonds
• Conservator bonds
• Discharge of mechanic's lien bonds
• Executor bonds
• Guardian bonds
• Injunction bonds
• Replevin bonds

A public official bond may be required by statute to ensure that the official required to post the bond faithfully performs the duties of office. Common types of public official bonds include: 

• Hunting & fishing bonds
• Notary bonds
• Sheriff bonds
• Tax collector bonds

A supply bond guarantees the delivery or supply of material, equipment, or other goods and services in accordance with the terms and conditions of the underlying bonded contract. Common types of supply bonds include:

• Computer equipment & software bonds
• Janitorial service bonds
• Office supply bonds

This category of bonds is a broad array of unique surety obligations that do not fall within a specific classification of surety bond yet may be required by statute. Common types of miscellaneous bonds include:

• Concessionaire bonds
• Game of chance bonds
• Lost instrument bonds
• Utility payment bonds

Program business consists of bond needs that are recurring or consistent for a cohort of principals with similar characteristics.