You may be in a profession that can’t do your work without a business license or other permit. Your local government may require a surety bond to make sure you’ll keep your obligations.
A surety bond is:
A 3-way agreement between you, an insurance company and a government authority
If you violate your license or permit, the government authority is compensated
A Mylo advisor can help you save money while finding the right surety bond for your profession.