Probate Bonds -Often required by a local government entity to protect an estate by an assigned administrator, executor, or guardian of an incompetent or minor.  These bonds require a background check and an acceptable credit score is required.

Fidelity Bonds -Fidelity bonds protect businesses from losses caused by employee dishonesty.  This type of bond can cover theft, forgery, larceny, embezzlement, fraud, and various dishonest acts. A fidelity bond can also cover employee benefit plan.  A qualified benefit plan, like a 401-K, may require a government mandated ERISA Bond based upon a multiple of the funds’ assets.

License & Permit Bonds - A license and permit bond is generally required by a municipality or other public body as a condition to granting a license or permit to engage in a specified activity, this bond guarantees that the party seeking the license or permit (the obligor) will comply with applicable laws or regulations.

Surety Bonds - A surety bond, or guaranty involves a promise by one party to assume responsibility for the debt obligation of a borrower if that borrower defaults. Usually, a surety bond or surety is a promise by a person or company (a surety or guarantor) to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation.