Iowa Cigarette Sale | Cigarette Sale Surety Bond
Also known as: cigarette sale bond
Type of Bond
An Iowa Cigarette Sales Bond is a type of surety bond required by the Iowa Department of Revenue for cigarette distributors and wholesalers in the state of Iowa. This bond serves as a financial guarantee that the distributor or wholesaler will comply with all applicable laws and regulations related to the sale and distribution of cigarettes in Iowa. The bond protects the state of Iowa from potential financial losses in case the distributor or wholesaler engages in fraudulent practices, misrepresentation, or fails to fulfill their obligations, such as paying required taxes or complying with state laws related to the sale and distribution of cigarettes. If the bondholder defaults or fails to comply with the regulations, the surety company issuing the bond will compensate the state of Iowa up to the bond amount. In summary, an Iowa Cigarette Sales Bond ensures that cigarette distributors and wholesalers in the state of Iowa are held accountable for their actions, safeguarding the interests of the state while promoting compliance with applicable laws and regulations.
Program
The price you'll pay for your Cigarette Sale Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!
We provide all types of Cigarette Sale Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.
Application
The application process for a Cigarette Sale Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Cigarette Sale Bond Application process.
Obligee Information
An obligee is the entity that is requiring you to have the Cigarette Sale bond.
For your convenience you can view a sample copy of the Iowa Cigarette Sale Bond Form.
Obligee: Iowa Department of Revenue & Finance
Street: PO Box 10456
State: Iowa
Zip: 50306
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!