We provide an expanding array of risk management and credit enhancement products for businesses that are pioneering new ground. We work closely with entrepreneurs in select industries, allowing us to underwrite with precision and advocate for our customers.
Specialty insurance for emerging
and regulated markets.
Admitted carrier in
What is a Surety Bond?
Posted Mar. 18
A surety bond is a mutually binding contract between three parties known as the Obligee, the Principle, and the Surety. The Obligee is the entity that requires the guarantee of a surety bond from the Principle. The Obligee may be a government agency, a company, or an individual. The Principle is the person or entity applying for and purchasing the bond from the Surety. The Surety is the insurance carrier.…
Significant projects in regulated industries often require surety bonds pursuant to federal or local law, often prior to bidding or applying for a license. If you are having a tough time securing such a bond or need help navigating your options, we can help.
We offer true coverage for products liability for commercial operators holding various licenses in the medical and adult-use cannabis markets. These coverages can sometimes be required by law, but are paramount to protecting a growing business.
Most Popular Bonds
California Cannabis Bonds
Bonds to satisfy California surety requirements for all cannabis licenses. Continental Heritage Insurance Company is the first and only admitted carrier approved to issue California Cannabis Bonds. Buy your California Cannabis Bonds from Continental Heritage online today.
Marijuana License and Permit Bonds
Bonds to meet surety requirements in medical and adult use marijuana states. Whether the bond is needed to obtain a license or guarantees compliance with regulations, Continental Heritage has the expertise and experience to meet your needs.
Alternative Energy Bonds
Bonds to satisfy surety requirements relating to solar, ocean, wind, and all other alternative energy sources. Continental Heritage is proud to facilitate America’s move towards energy independence and has the expertise and experience to meet your alternative energy surety needs.