Bowen Agency, Inc. Inc. is an independent insurance agency in Durham, North Carolina that is committed to providing you with the information needed in order to make the right decision when it comes to protecting your family, home, auto and property. We offer personal attention, competitive pricing and a broad range of insurance products to meet your needs. Whether you need personal insurance or business insurance protection, we can show you how to maximize your insurance program with discounts and cost saving features.

Annuities: Pros vs. Cons

Posted: May 22, 2022

An annuity is an insurance product used to plan for retirement. The beauty of an annuity is that they pay out a steady stream of income when you retire, which can be used to supplement your other retirement accounts, or on its own. Annuities have pros and cons: Pros An annuity can provide you with the income you need to enjoy life during your golden...

Common Types of Surety Bonds & How They Work

Posted: May 19, 2022

A surety bond is a contract that ensures specific obligations are met. These bonds are often required for contractors working on government contracts. They are performance-based. A surety bond is a guarantee between three parties. The parties in a surety bond are: The Principal: The individual who is required to have a surety bond. The Obligee: The individual requesting the bond. The Surety Company: The...

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Annuities: Pros vs. Cons

Common Types of Surety Bonds & How They Work

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