Do small businesses need cyber liability insurance?

Yes, small businesses are often targets for cyber attacks due to potentially weaker security systems.

A bid bond guarantees that a contractor who wins a bid will enter the contract and provide performance and payment bonds, offering assurance to project owners.

A contractor is awarded a project after providing a bid bond to demonstrate their financial and operational reliability.

Ensure fidelity bonds are included if your business faces risks of employee dishonesty, such as theft during deliveries.