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No, "licensed," "bonded," and "insured" are not the same thing, though they are often related. Being "licensed" means a business or professional has obtained the necessary permits to operate legally in their field. "Bonded" refers to having a surety bond, which provides financial protection to clients if the business fails to fulfill its obligations. "Insured" means the business has liability insurance to cover potential damages or accidents, protecting both the business and its clients.
What else can I help you with?
What is licensed bonded and insured?
license......a business permit issued by a city or county government. The term bonded or insured is basically the same thing. Bonded usually applies if someone handles money or other valuables.
Is bonded and insured the same thing?
No. Bonding is a separate
Does Licensed Handyman mean same thing as Licensed Contractor?
no
Is dura leather the same as bonded leather?
Yes, durablend leather is the same thing as bonded leather. These types of leather are glued together to make one large piece of leather.
Insured vs Insured Professional Liability?
The insured and the insured professional are one and the same.
Are particles and molecules the same thing?
No, particles and molecules are not the same thing. Particles refer to any tiny piece of matter, while molecules are specific combinations of atoms bonded together.
If you are a sole proprietor in a service industry do you need to get bonded?
This depends on your business classification and your local business statutes. If you determine you do need to be bonded, contact your local insurance agent and buy an insurance bond. The type of bond will depend on your business classification. Most likely what you actually need is for your business to be " Insured ". In other words. Commercial General liability. Many if not most Bond Issuers will not issue you a bond if you do not carry appropriate Insurance for your business venture. being Bonded is not the same as being Insured.
Does it take the same amount of time if you are a LPN or lvn?
LPN's and LVN's are the same thing. In California and Texas they are called LVN's (Licensed Vocational Nurse). In all other states theyare called LPN's (Licensed Practical Nurse)
Are compounds and components the same thing?
No they are not, mixture are only physically bonded substances, essentially like pot of peas and carrots. However, a compound is a combination chemically bonded substances, fused on an atomic scale.
What two of the same atoms bonded together called?
two of the same elements bonded togather are called what ?
What about any life ins or death benefits?
Life Insurance is the same thing as Death Insurance, If you are insured, and you die, your beneficiary receives the proceeds of the life policy.
whats the difference between a government insured and the fdic insured?
There is no difference, fdic stands for federal deposit insurance corporation, which is exactly the same insurance from the same people and the same place.
