C45 – Surety Bonds
This course is an introductory study of suretyship. Because suretyship is dominated by the construction industry, the text focuses on this aspect of it. The business of bonding construction projects, the bonds required, underwriting, claims handling and legal issues are covered. A brief glimpse of miscellaneous bonds is also provided.
Chapter Outlines:
- Introduction to surety bonds
- The business of construction
- Surety forms in construction
- Surety underwriting
- Financial statements
- Legal aspects of surety
- Indemnity agreements
- Miscellaneous bonds
- Surety claims
- Co-suretyship and reinsurance
