A Cemetery Performance Bond - Mausoleums or Below-Ground Crypts is required when a cemetery in Florida offers spaces for sale in a mausoleum or below-ground crypts prior to construction.
The cemetery agrees to complete the construction in accordance with the Florida Statute requirements and in accordance with the drawings and specifications submitted in the building plan. The cemetery shall promptly and faithfully perform the contract. The cemetery may not sell spaces until the bond is delivered to the Department of Financial Services.
Florida's Board of Funeral, Cemetery and Consumer Services determines the bond amount. Licensees with no liabilities have a minimum amount of $250,000. If the licensee has existing liabilities that are secured by a trust fund account, the bond will be at least $1,000,000.
Premium for a Florida Cemetery Performance Bond is dependent on the bond amount needed, personal and business financial statements and construction/building plans.
Obtain your surety bond from SuretyGroup.com. Underwriting will require a credit check and personal financial statements for each owner and business financial statements.
Premium for a Florida Cemetery Performance Bond is dependent on the bond amount required and underwriting approval.
Our Surety Bond Specialists can provide you with a free, no-obligation quote. Contact us at:
Hours: 8:00-5:00 CST, Monday through Friday
Bond amounts vary by the type of bond needed and the state's requirements.
The premium cost that you pay can depend on many factors including bond type, your credit history and length of time in business.
SuretyGroup.com has been underwriting surety bonds for over 35 years throughout the US. We have a team of experienced surety agents and in-house underwriting authority, which gives us a unique advantage over other surety companies. We are able to offer competitive, low rates, quick approvals and immediate bond delivery. In most cases we can approve your application today and deliver your bond tomorrow.