An unclaimed property bond is often a prerequisite for the return of funds or securities held by a state unclaimed property office. This is a lost instrument bond, usually required in a fixed penalty, which protects the state from claims resulting from an improper return of property. These surety bonds are usually small and are written fairly freely although lost stock and corporate bonds can be in the millions of dollars. In most cases we require only a simple lost instrument application and affidavit of loss.
Surety One, Inc.’s, lost instrument bond program is favored by many national banking institutions and state unclaimed property offices. See an article in the Miami Herald about our lost instrument bond program here. We offer these and many other surety bonds regardless of the applicant’s credit condition. For more information visit us at www.SuretyOne.org, call (800) 373-2804, or email us at Underwriting@SuretyOne.com.
