To conduct business, the state of Illinois regulates protections for its citizens. Among these requirements are several types of surety bonds.
691 Illinois bonds are offered through Jet. A few common ones are listed below but give us a call at 855-296-2663 if you don’t see yours and we will get you the coverage you need.
Public Adjuster Bond - The Illinois Department of Insurance requires public adjusters to obtain a license and a $20,000 surety bond before any insurance services may be performed.
Motor Vehicle Dealer Bond - The Illinois Secretary of State has a set requirement for car dealers to have a $50,000 Designated Agent Bond to receive a license. It is mandatory during the first few years of business, but may not be applicable to all dealers.
Contract Bond - A bond that ensures the contractor will fulfill the requirements of the contract.
Notary Bond - Notaries in Illinois are required to carry a $5,000 bond which lasts for four years.
Fidelity Bond - Employers and their customers can be protected from deceitful employee acts with this bond.