6 Reasons to Drink Water. It's no magic bullet, but the benefits of water are many.
What is a Surety Bond Company? A Surety Bond Company (also called a surety, surety company or bonding company) is the party of the surety bond that takes on the risk and is responsible for paying the surety bond obligee in the case of a default by the surety bond principal.
In more technical terms, a surety bond is an agreement between three parties: 1  the obligee that requires the purchase of the bond (usually a government entity) 2  the principal who purchases the bond. 3  the surety company that backs the bond, providing a line of credit if the principal doesnât fulfill the obligations of the bond.