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What is an independent outsourcing partner often called?
Surety Bond
Insurance arranged in case a party to a contract fails to perform.
Contract Performance
The carrying out of the duties and obligations as stipulated in a contract by the involved parties.
Subrogation Right
The right for an insurer to pursue a third party that caused an insurance loss to the insured, in order to recover the amount of the claim paid.
Insurance Company
An organization that offers risk management to individuals or entities by providing compensation for losses in exchange for premium payments.
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