A surety bond is a three-party agreement
whereby the surety company guarantees to
the oblige (the owner of project) that the
principal (the contractor) will perform a
contract according to the agreed terms and
conditions of the contract, and within the
allocated time and budget. Thus, the risks
of project completion are shifted from the
owner to the surety company.
Whether you’re an individual seeking
a particular type of bond, or run a
business with a variety of bonding
requirements, We at Arya insurance
can provide a surety program
tailored to your needs.