Why Do I Need an Indiana Lost Instrument Surety Bond?
A Lost Instrument Bond is required in Indiana for any lost, stolen or destroyed valuable document or instrument that you may have purchased or acquired. The bond protects the original issuer from any financial loss as a result of issuing a duplicate.
There are Two Types of Lost Instrument Surety Bonds:
Fixed Penalty Bonds are for instruments with a fixed value such as a money order or cashier’s check.
Open Penalty Bonds are for instruments that have a varying market value, which includes a stock certificate.
Typical Lost Instruments:
Lost instrument bonds are generally required for common and preferred stock certificates.
Lost instruments examples include:
If a Surety Bond is a requirement in order to replace your missing important document, SuretyGroup.com can help.
How Much Will This Bond Cost?
The premium that you pay for your bond and the cost depends on the value of the instrument and the type of surety bond needed (fixed or open penalty). Fixed and open penalty bonds start as low as 1.5% for good credit. Contact our Surety Bond Specialists for a free quote.
Related Links:
Indiana Unclaimed Property SearchMore Surety Bond Questions?
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, call us first. 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.
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