Abandoned Property Bonds
Executive Bond Services writes Abandoned Property bonds that are required by various States. These bonds indemnify the State when it returns unclaimed property to a claimant in the event that the claimant proves not to be the proper owner.
The sureties underwrite these bonds upon completion of an application and presentation of the letter issued by the State holding the funds. The premium charged for these bonds is a one-time premium although the bond remains active until the statute of limitations expires.
These bonds tend to be quite simple and quick to underwrite as long as the information provided qualifies the applicant under the surety’s guidelines. Please call us to review the underwriting process. We will send paperwork to you by e-mail, facsimile or mail to meet your needs and to expedite the process.
Please do not hesitate to call us to discuss the application process. We look forward to helping you secure the return of your funds.