The bond I had so many years ago. Said they would post up to $5,000 bail
bond, if I were ever accused of illegally distributing a key or combination.
--
Christopher A. Young
Learn more about Jesus
www.lds.org
..
"SteveB" toquerville@zionvistas wrote in message
...
The thing is, I see ads where people claim they're bonded. A locksmith
comes to mind. Is that a person bond that's somehow different from
insurance?
There is a difference between a bond and insurance.
Definition 1
A bond issued by an entity on behalf of a second party, guaranteeing that
the second party will fulfill an obligation or series of obligations to a
third party. In the event that the obligations are not met, the third party
will recover its losses via the bond.