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What does it mean to be licensed and bonded?

Prosure Group Surety Bonds


This term usually refers to a licensee that also has a surety bond in place with the licensing entity that guarantees the terms of their license. However, it could also mean that the business has a bond in place to guarantee protection from theft by their employees if they enter a customer’s premise.  These bonds are common with cleaning companies, courier services, pet sitting services and similar businesses that enter the premise of a customer or handle their property. We call these Business Service Bonds.