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Manual article review is required for this article
Manual article review is required for this article
Manual article review is required for this article
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Published By-When a surety issues a performance bond, it assures that the principal (the event who purchases the bond) will accomplish their commitments under the bond's terms. If insurance performance bond to satisfy these obligations and defaults on the bond, the surety is in charge of covering any kind of losses or problems that result.1. Loss
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