A Lost Instrument Bond is needed to replace lost, destroyed or stolen financial document or instrument. The bond amount varies depending on the value of document, whether it is an open or fixed penalty bond.
Common Lost Instrument Bond Types:Fixed Penalty Bonds are used when the value of the instrument remains the same over time and never changes.
The most common types of lost instruments are cashier's checks, checks, money order, common and preferred stock certificates.
Examples of lost instruments are:
Regardless of what type of destroyed, stolen or lost financial instrument you have, SuretyGroup.com can help you through the Lost Instrument process and provide you with the assistance that you need.
The premium that you pay for a lost instrument bond will vary and depend on the value of the document and the type of bond needed (open or fixed penalty). SuretyGroup.com provides free, no-obligation quotes for your bond needs.
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