Surety – the insurance company or surety corporation that ensures the obligation will be carried out. If your principal fails to perform the act as promised, the surety is contractually responsible for losses sustained. Principals should carefully Examine the conditions and terms of your bond just before agreeing to them. https://mobilewebpage.net/en/all-articles/what-is-a-surety-bond-understanding-the-basics-of-surety-bonds-and-bond-insurance