Yes, surety bonds typically have a set term and need to be renewed upon expiration. The term length can vary depending on the type of bond and the requirements of the obligee. It’s important to keep track of your bond’s expiration date and ensure timely renewal to maintain compliance and coverage.
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Insurance news & money saving tips
If you want to keep up with the latest Wisconsin insurance news stories and headlines, Community Insurance & Associates features an informational blog that covers emerging news and informative insurance-related topics, such as tips and tricks for saving money that may be useful to you; our clients.
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