Georgia Surplus Lines Broker Bond Prices - Buy Online
Surplus Lines Broker Bond
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What Does a Surplus Lines Broker Bond Protect Against?
The Georgia Surplus Lines Broker's Bond is in a penal sum of $50,000 and its purpose is to ensure compliance with insurance placement protocols as outlined in Georgia Code Section 33-5-25, remittance of taxes provided in Georgia Code Section 33-5-31, proper accounting to anyone requesting to obtain insurance for funds or premiums collected in connection with such insurance, and accordance with this title.
Getting Your Georgia Business License or Registration
- Completed Resident Insurance License Application
- Surplus Lines Broker Surety Bond in the amount of $50,000
- Completed Citizenship Affidavit Form GID-276-EN verifying lawful presence of all new and renewal applicants
- All New Applicants, excluding active licensees and individuals applying for reinstatement within 6 months of expiration date, must submit electronic fingerprints for a criminal background check. Fingerprinting information can be found on the department’s website.
- Payment of application fee to the Georgia Insurance Department