Since 1986, Premium Bonding Services
has been specializing in premium payment guarantee bonds for Workers'
Compensation
paid loss retrospective payment plans..
These bonds
guarantee the payment of workers' compensation premiums associated with
paid loss retro plans and large
deductible plans.
In fact, we
designed the bond form that was first accepted by workers' compensation
carriers as an alternative to letters of credit or the pledge of
certificates of deposit.
Insureds quickly embraced the use of these bonds due to their distinct
advantages, as opposed to other means of providing security to the
workers' compensation carriers. Please click on "advantages"
for further details.
We
also offer a variety of other types of bonds, which you may review by
clicking on "other
bonds
