In Vermont, a Lost Instrument Bond is needed if you own a valuable document or instrument that has been stolen, lost, or destroyed. The bond protects the original issuer from any financial loss as a result of issuing a duplicate, which is then provided to the originating financial institution.
Common Bond Types:
The most common types of lost instruments are common and preferred stock certificates and cashier’s checks or checks.
Other examples of lost instruments are:
If you need a Surety Bond in Vermont as a requirement in replacing one of these important documents or instruments, SuretyGroup.com can help you.
The premium cost that you pay depends on the bond type (open or fixed penalty) and the value of the document or instrument. Contact SuretyGroup.com for a free, no cost and no-obligation quote.
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