What You Need To Know Surplus Lines Broker Bond

In 2014, our office licensed greater than 18,000 resident and non-resident insurance producers. The licensed Surplus Lines Broker is accountable for reporting the transaction and remitting Surplus Lines taxes to the Wyoming Insurance Department.

The All Risks Intern program can be the first step in constructing a successful profession. Uncover what it takes to be a wholesale producer in the extra and surplus lines market.

Surplus Lines Broker Bond, All About It

In 2014, our workplace licensed greater than 18,000 resident and non-resident insurance producers. Finance Lender Bond – A surety bond required in nearly all States to secure or keep a finance lender, mortgage broker, mortgage originator or supervised lender license. The bond is remitted to guard against acts of dishonesty, fraud, theft or malfeasance. As well as, the bond serves to make sure that the Principal will comply with all State laws and licensing necessities.

NAIC Uniform Software accepted for surplus lines licensing. Then we’ll get the Surplus Lines Broker Bond right out to you. Easy.

NOTICE: If yes, please present the character, date and details of the offense by way of e-mail to [email protected] This data is required before your order could be processed. Answering yes doesn’t routinely disqualified you from purchasing this bond. Nonetheless may delay processing time.

Surplus Line Broker Incessantly Requested Questions

In 2014, our office licensed greater than 18,000 resident and non-resident insurance producers. By possessing a California Surplus Lines Broker Bond, you’re telling your Obligee that you could be trusted as a Principal and that you simply stand behind your online business selections.

A Surplus Lines Broker Bond is a kind of license bond. The purpose of the bond is to protect the state or governmental entity for sure issues, such as the fee of taxes.

All About Surplus Lines Broker Bond

1-888-416-0868 or (615) 741-2693 This workplace is liable for the licensing and regulation of insurance producers, enterprise entities, title agencies, surplus lines agents, car club agents, schooling providers, public adjusters, public adjuster enterprise entities, crop adjusters, viatical settlement providers, brokers and investment agents, portable electronic distributors and self-service storage insurance amenities. Applications for inactive” or cancelled” licenses with a status purpose apart from failure to renew” or canceled for continuing schooling- reinstatable” might be allowed by way of Resident License ( RL )) Software. If they do maintain these statuses these licenses are considered reinstatements and will use Resident License Renewal ( RLR ) Software.