SIC Code 6351-03 Description (6-Digit)

Insurance-Bonds is a subdivision of the Surety Insurance industry that specializes in providing financial guarantees to individuals and businesses. This type of insurance is designed to protect against financial loss in the event that a party fails to fulfill their contractual obligations. Insurance-Bonds can be used in a variety of industries, including construction, real estate, and finance.

Hierarchy Navigation for SIC 6-Digit Code 6351-03

Parent Code (less specific)

6351 - Surety Insurance

Tools

Bond Forms: These are legal documents that outline the terms and conditions of the bond agreement.
Underwriting Software: This software is used to evaluate the risk associated with issuing a bond and determine the appropriate premium.
Bond Rating Agencies: These agencies provide independent assessments of the creditworthiness of bond issuers.
Claims Management Software: This software is used to manage claims and track the status of bond claims.
Surety Bond Forms: These are legal documents that outline the terms and conditions of the surety bond agreement.
Bonding Capacity Calculator: This tool is used to determine the maximum amount of bonds that a company can issue.
Bond Premium Calculator: This tool is used to calculate the premium for a bond based on the risk associated with the bond.
Bond Market Data: This data is used to track the performance of the bond market and identify trends.
Bond Pricing Software: This software is used to determine the fair market value of a bond.
Bond Portfolio Management Software: This software is used to manage a portfolio of bonds and track their performance.

Industry Examples of Insurance-Bonds

Construction Bonds
Performance Bonds
Payment Bonds
Bid Bonds
License and Permit Bonds
Fidelity Bonds
Court Bonds
Public Official Bonds
Environmental Bonds
Customs Bonds

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