What is an "attachment bond"

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Posted: Wed Feb 27, 2008 12:36 am Post subject: What is an "attachment bond"

What is an "attachment bond", please?

Nadia

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Posted: Wed Feb 27, 2008 7:11 am Post subject:

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goodnatured

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Posted: Wed Feb 27, 2008 8:23 am Post subject:

hi Goodnatured,

Quote:

An addition to a basic insurance policy that explains, adds or excludes coverages.

Can a bond exclude an entire coverage? Or is it that it only excludes a benefit?
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CarlDoyluvR

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Posted: Wed Feb 27, 2008 8:27 am Post subject:

hey..if it is a rider then it can surely obstruct your policy benefits in some ways. A rider would have separate clauses that would clearly state which benefits are getting barred by time. Mark-hollifield _________________ Register Now to have your Insurance queries solved.

Mark-hollifield

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Posted: Tue Dec 27, 2011 9:27 pm Post subject: Lauren Lee

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Audra Gomez

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Posted: Thu Dec 29, 2011 3:49 pm Post subject:

An attachment bond or a surety bond is a financial assurance instrument. It is used by one party to financially assure another party that they are capable of living up to the terms of a given contract between the two parties. They usually fall into three categories, court bonds, commercial bonds and contractor bonds. _________________ Register Now to have your Insurance queries solved.