Surety Bonds Insurance is a specialized form of coverage that serves as a financial guarantee, typically used in the construction and contracting industry. It ensures that a project will be completed as per the agreed-upon terms and that all parties involved, including contractors, subcontractors, and suppliers, will fulfill their contractual obligations. This type of insurance provides financial protection and peace of mind to project owners and investors by guaranteeing the completion of projects and compliance with contractual terms.