If you have an instrument that has a financial value that has been lost, destroyed, or stolen, more than likely you will need a bond to have it replaced. The issuer of the instrument usually requires a bond to protect against loss upon the issuing of a duplicate. If the missing instrument later turns up, it will need to be returned to either the issuer or the surety of the instrument so that it can properly be disposed of so as to prevent any future loss.
The most common surety bond types for lost instruments:
The most common types of lost instruments are common & preferred stock certificates. Other examples of lost instruments include checks, money orders, certified checks, certificates of deposit, and other financial instruments and securities, cashier’s checks.
If you live in the New York and need a Lost Instrument Surety Bond as a requirement in replacing one of these important instruments, call SuretyGroup.com. We are here to help.
The cost of the premium that you pay depends on the surety bond type needed and the value of the document. Let our Surety Bond Specialists provide you with a quote.
Hours: 8:00-5:00 CST, Monday through Friday