![Bonded vs Insured Meaning: What's the Difference](/blog/content/images/size/w500/2023/03/Bonded-Vs-Insured-Who-Needs-Both-_bimakavach.png)
Bonded vs Insured Meaning: What's the Difference
The distinction between being bonded and being insured is that a bond protects a third party whereas insurance protects both the claimants and policyholders.
The distinction between being bonded and being insured is that a bond protects a third party whereas insurance protects both the claimants and policyholders.
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