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In Surety Bond underwriting, the portion of the Principal’s given financial strength that the underwriter removes. Common disallowed items include intangible assets, shareholder receivables and Accounts Receivable over 90 days old.

Vice President at Axcess Surety
Vice President of Axcess Surety. Surety Bond and financial expert dedicated to helping contractors, businesses and individuals understand and obtain surety bond credit.
Josh Carson, AFSB
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