Insurance vs. Surety Bonds (CM421...
Insurance vs. Surety Bonds (CM4210_Ch8,&9_review)

SEND IT by John Campini

Episode notes

On this episode of Send It, JC tackles the two financial pillars that keep a construction company from going under: Insurance and Surety Bonds.

Covering Chapters 8 & 9 and Module 4, we break down the "Safety Net" of the industry. Many people confuse insurance with bonds, but they function completely differently. One pays for accidents; the other guarantees you do what you promised.

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Keywords
Construction ManagementCM4210Construction InsuranceSurety BondsMiller ActBid BondPayment BondPerformance BondSend It
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