{"id":558,"date":"2013-03-16T03:41:43","date_gmt":"2013-03-16T03:41:43","guid":{"rendered":"http:\/\/suretyone.com\/blog\/?p=558"},"modified":"2017-01-03T16:20:41","modified_gmt":"2017-01-03T16:20:41","slug":"alabama-surplus-lines-broker-bond","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/alabama-surplus-lines-broker-bond\/","title":{"rendered":"Alabama Surplus Lines Broker Bond"},"content":{"rendered":"<p>In Alabama, an insurance professional that offers excess and surplus lines policies must be properly licensed and provide an\u00a0<strong><a title=\"Surety One commercial surety page\" href=\"https:\/\/suretyone.com\/commercial-surety-bonds\" target=\"_blank\">Alabama surplus lines broker bond<\/a><\/strong>.\u00a0Alabama defines a surplus lines broker as \u00a0an individual, corporation, partnership or other business entity required to be licensed to procure certain insurance coverages, called surplus lines, that cannot be procured from authorized insurers. The\u00a0<a title=\"AL DoI\" href=\"http:\/\/www.aldoi.gov\/licensing\/surplusreq.aspx\" target=\"_blank\">Alabama Department of Insurance<\/a>\u00a0requires a\u00a0<strong><a title=\"AL surp line broker bond form\" href=\"http:\/\/www.aldoi.gov\/PDF\/Licensing\/FormALSLB13.pdf\" target=\"_blank\">surplus lines broker bond<\/a><\/strong>\u00a0on (Form AL-SLB-13) in\u00a0the amount of $50,000. \u00a0The obligation guarantees that the surplus lines broker will\u00a0fulfill all the terms and conditions of the <a title=\"AL Surpl Lines Law\" href=\"http:\/\/www.legislature.state.al.us\/CodeofAlabama\/1975\/131455.htm\" target=\"_blank\">Alabama Surplus Line Insurance Law<\/a>, and the rules and regulations of the specific tax law mentioned in Section 27-10-31, Code of Alabama 1975. The nation&#8217;s surety leader,\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">Surety One, Inc.<\/a>, is a specialist in the bonding needs of the financial services sector. \u00a0We will issue these\u00a0<em>surety bonds<\/em>\u00a0for ALL experienced applicants in every state that requires bonding of surplus lines brokers. We also offer superlative\u00a0<a title=\"Surety One fidelity bond page\" href=\"https:\/\/suretyone.com\/fidelity-bonds\" target=\"_blank\">fidelity bond<\/a>\u00a0coverages to protect against losses due to employee dishonesty. \u00a0Visit the <strong>nations surety leader<\/strong> at\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">SuretyOne.com<\/a>, call\u00a0<span style=\"color: #ff0000;\">(787) 333-0222<\/span>\u00a0or\u00a0<span style=\"color: #ff0000;\">(800) 373-2804<\/span>, or email\u00a0<span style=\"color: #ff0000;\">Underwriting@SuretyOne.com<\/span>\u00a0for an\u00a0<strong>Alabama surplus lines broker bond<\/strong>\u00a0application or information about any bond product.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Alabama, an insurance professional that offers excess and surplus lines policies must be properly licensed and provide an\u00a0Alabama surplus lines broker bond.\u00a0Alabama defines a surplus lines broker as \u00a0an individual, corporation, partnership or other business entity required to be&#8230; <a class=\"more-link\" href=\"https:\/\/suretyone.com\/blog\/alabama-surplus-lines-broker-bond\/\">Continue Reading &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[139],"tags":[688,687,689],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Alabama Surplus Lines Broker Bond &bull; Surety One, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/suretyone.com\/blog\/alabama-surplus-lines-broker-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alabama Surplus Lines Broker Bond &bull; Surety One, Inc.\" \/>\n<meta property=\"og:description\" content=\"In Alabama, an insurance professional that offers excess and surplus lines policies must be properly licensed and provide an\u00a0Alabama surplus lines broker bond.\u00a0Alabama defines a surplus lines broker as \u00a0an individual, corporation, partnership or other business entity required to be... 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