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The following bonds are common variations of Insurance Agency bonds. Get straight to the bond you need by selecting it below.
Insurance Agency bonds are required by many states insurances departments before insurance producers and agents can receive licensing. These types of bonds can have slightly different names and functions, but they all protect consumers and insurers from fraud or illegal activity by the bond holder. The limit for each type of bond varies by state, and depends on the license type and regulatory guidelines. If an insurance agent violates any laws or statutes associated with their license or engages in dishonest practices that cause financial harm to the customer, the damaged party may be able to receive compensation from a loss covered by the bond.
The process to file these bonds varies by state. In many cases, the bond form can be electronically signed and submitted through the state licensing portal, or the National Insurance Producer Registry (NIPR). Some state departments will require you to sign the original sealed bond form and mail it into their office. No matter what filing method your state obligee uses, Jet will mail you the original sealed form and provide all the proper documentation.