Funeral Seller Bonds or Cemetery Seller Bonds must be filed with the Division of Insurance (DOI) to reimburse the buyer of a prepaid contract when the seller mishandles the funds received and fails to fulfill the contract on their end.
Jet Insurance Company offers the $50,000 Funeral or Cemetery Seller Bonds as an assurance to the DOI that Nevada citizens will not be financially harmed by your actions.
The cost of the bond is determined by a soft credit check of the applicant and is only a small percentage of the $50,000 bond limit, with the lowest price being $500 for one year.
You can buy a Cemetery Seller Bond or Funeral Seller Bond from Jet, knowing that you are dealing directly with the insurance carrier that is vouching for you to the Division of Insurance. We don’t use brokers or middlemen that meddle in the quoting or buying process. By working directly with you, our team saves you time and money.
Apply today by clicking the button shown above. Our application will walk you through inputting the necessary information, such as a social security number that is used to run a soft credit check. Once you finish applying, a Jet underwriter will do a short review of the application; if anything else is needed, we will contact you. You will receive an email with an approved rate that is ready to purchase after the review is finished.
When you are ready to check out, simply click the link in the email to submit payment. If you would like to file the Funeral or Cemetery Seller Bond yourself, you can choose to do so at this time. Otherwise, leave it to Jet to file it with the Nevada DOI.
The address for filing the bond is:
Nevada Division of Insurance
1818 East College Pkwy, Suite 103
Carson City, NV 89706
When it is time to renew your bond, Jet will contact you with a mailed and emailed notice. If any additional information is needed, it will be requested at this time. Once you’re all set to renew, just submit payment for the new term and Jet will take care of the rest.
If you need to cancel your Cemetery or Funeral Seller Bond, please send Jet a written request; an email to email@example.com would be sufficient. We will notify the DOI of the cancellation, which will prompt them to begin the 30-day cancellation period. After the 30 days are up, Jet will review the time left on the bond for any available refund.
As part of their licensing or certificate of authorization, funeral sellers and cemetery sellers must follow Chapter 689 of the Nevada Revised Statutes as it pertains to them: Sections 689.150–689.375 for funeral sellers and Sections 689.450–689.595 for cemetery sellers. By acting according to these regulations, these sellers can avoid the unethical behaviors that would constitute a claim on the Funeral or Cemetery Seller Bond.
The bond specifically protects against damages from a seller mishandling or diverting money that prevents the fulfillment of the prepaid contract. Action on the bond can be taken to carry out a judgment made against the seller for failing to uphold their end of the contract.
If you receive a claim, contact Jet right away. Our team will look into the allegation, defending you against any false claims. But, if the claim is found to be legitimate, Jet will be forced to make reparations on your behalf. Your actions brought on the claim, and you will ultimately be held responsible for failing to abide by contractual obligations, paying Jet back in the amount of the claim.