What Does Labor and Materials Bond Mean?

Free Business Insurance Quote Click Here
What does Labor and Materials Bond mean? Read on to discover the definition & meaning of the term Labor and Materials Bond - to help you better understand the language used in insurance policies.

Labor and Materials Bond

Labor and Materials Bond

A type of insurance that is used to guarantee that subcontractors and suppliers are paid for the work and material they supply on the job.

We hope the you have a better understanding of the meaning of Labor and Materials Bond.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Free Business Insurance Quote Click Here