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What Is an Alabama Lost Instrument Bond?

Close-up of a stock certificate

A Lost Instrument Bond is required in Alabama if you own a valuable document that has been lost, stolen or destroyed. The bond protects the original issuer from any financial loss as a result of issuing a duplicate and is sent to the financial that the certificate originated from.

Types of bonds:

Open Penalty Bonds are for items whose market value fluctuates.
Fixed Penalty Bonds are for items whose value remains the same over time.

The most common types of lost instruments are common and preferred stock certificates and municipal and corporate bonds.

Other examples of lost instruments are:

  • Cashier's Check
  • Warehouse Receipt
  • Check or Money Order
  • Certificate of Deposit
  • Interest Coupon
  • Bankbook
  • Other Financial Instruments and Securities

  • If you live in Alabama and need a Surety Bond to replace one of your important documents, SuretyGroup.com can help.

    How Much Will This Bond Cost?

    The premium (cost) that you pay will depend on whether you need a Fixed Penalty or and Open Penalty bond, and the value of the instrument. Our Surety Bond Specialists can provide you with a free, no-obligation quote.

    Did You Know?

    This bond protects the issuer of the duplicate document in the event the original document is discovered.

    Contact SuretyGroup.com

    Speak to one of our Surety Bond Specialists today at:

    Phone: 1‑844‑432‑6637
    Fax:     404-351-3237
    Hours: 8:00-5:00 CST, Monday through Friday

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