A Lost Instrument Surety Bond is needed to replace a destroyed, lost, or stolen financial document. The bond amount varies depending on the value of document and the requirements of the company that issued it.
Open Penalty Bonds are used when the document value fluctuates.
Fixed Penalty Bonds are used when the value of the document remains the same over time.
The most common types of lost instruments are cashier's checks, money orders, checks, common and preferred stock certificates.
Examples of Lost Instruments:
SuretyGroup.com has experienced surety agents that will guide you through the Arkansas Lost Instrument process and provide you with the help that you need.
The cost/premium that you pay will depend on the value of the document and the bond type. Open penalty bonds cost slightly more than fixed penalty bonds since the value on a fixed penalty bond does not change. SuretyGroup.com can provide you with a free, no-obligation quote.
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
For a downloadable application