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Lost Security or Instrument Bond

Lost Security or Instrument Bond

www.suretybondsdirect.com/surety-bond/lost-security-bond

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Who Requires the Lost Security or Instrument Bond and Why Is It Needed?

Lost Security Bonds (also called Lost Instrument Surety Bonds or Lost Cashier's Check Bond) are required to receive payment or replacement for a lost, destroyed, stolen or misplaced stock certificate, bond certificate or cashier's check. The surety bond acts as a mechanism to protect a bank or other transfer agent from a financial loss in the event the original instrument is found and sold or transferred by an unauthorized third party.

Lost Security Bonds can be classified as either "fixed" penalty or "open" penalty. Fixed penalty bonds are required in cases where the lost items are certified checks, certificates of deposit, or any other instruments with fixed values. Open Penalty bonds are required when the items lost are stock certificates or other instruments where the market value fluctuates.

 

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Lost Security or Instrument Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

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