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White Insurance Group
17 Sunset Drive PO Box 1310
Black Mountain, North Carolina 28711
Phone: (828) 669-7912
Fax: (828) 669-2315
Toll Free: (877) 944-8347

Arden Insurance Associates
2124 Hendersonville Road
Arden, North Carolina 28704
Phone: (828) 684-8111
Fax: (828) 684-6492
Toll Free: (877) 684-8111

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Contract Bond (Glossary Word)

 
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Contract Bond
A contract between three parties. A surety principle applies for a bond from the surety, typically an insurance company, in order to assure an obligee, or project owner, that the principle has the capacity to perform according to the provisions of an agreement or contract yet to be fulfilled.
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