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What is an Insurance Counselor Bond
The Insurance Counselor Bond ensures faithfulness in service to those who seek out the services of a bonded insurance counselor. These bonds must be issued by an authorized issuer as provided in Section 120-2-3-18, which states that such issuance may only occur with approval from both parties and upon provision for adequate indemnity protection or surety bond coverage on behalf of all aggrieved persons arising from violations committed under this chapter.
Do you need a bond?
Swiftbonds is an insurance company that specializes in bonds. We offer a variety of different types of bonds, including GA – Insurance Counselor $5,000 Bond. If you have any questions about our products or services, please contact us at (913) 214-8344.
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Who needs to obtain this Bond?
In Georgia, it is not legal to provide insurance counseling services for life, accident and sickness, property, casualty. If you want to do so without a license from the Commissioner of Insurance then there are plenty of things that need doing first like posting a surety bond among other requirements. See a Cordele, GA – Building Contractor $5,000 Bond.
How does an Insurance Counselor Bond work?
Getting an Insurance Counselor Bond means you agree with the entity requiring it, called the obligee. Your surety company agrees to cover for you in case your clients or public make claims against their contract and need payment from your bond. If there’s ever any problems on either side of this agreement, only then will we get involved so that both parties can be satisfied. Read a Henry County, GA – Land Development Bond.
How much does an Insurance Counselor Bond cost?
Insurance Counselor Bond is a type of surety bond that varies in cost and depends on the credit score of the applicant. Sometimes, personal or business financials may be required depending on what surety amount is needed for bonding purposes.
Can I get an Insurance Counselor Bond with bad credit?
Swiftbonds offers a wide-range of approvals, regardless of credit history or bad credit. One key factor in our success is that we are able to work with 99% of applicants who have been turned down elsewhere due to their poor financial standing. Our knowledgeable underwriting staff will make sure you get the lowest possible price for your bond no matter what personal circumstances may be preventing you from getting approved for other companies' bonds. Need a Gwinnett County, GA – Contractor's Building Code Compliance – $25,000 Bond.
How to get your Insurance Counselor Bond?
Would you like to know the first step in getting your Insurance Counselor Bond? It's super easy! Fill out our quick online application and get a no obligation quote today. Our Underwriters will contact you within an hour of submission, or come chat with them on the phone for help applying. Find a Gordon County, GA – Salvage Yard Restoration – $1,000 Bond.