Colorado Unearned Prepaid Tuition | Unearned Prepaid Tuition Surety Bond
Also known as: unearned prepaid tuition bond
Type of Bond
A Colorado unearned prepaid tuition bond is a type of surety bond required by the Colorado Department of Higher Education for institutions offering prepaid tuition plans to students. The bond serves as a form of financial protection for students and their families in case the institution becomes insolvent or is unable to provide the services promised in the prepaid tuition plan. The bond ensures that the institution will fulfill its obligations to refund any unearned prepaid tuition fees if the institution is unable to provide the services promised due to financial difficulties or other reasons. If the institution fails to fulfill its obligations, the bond can be used to compensate affected parties. The bond amount required may vary depending on the size and nature of the prepaid tuition plan.
Program
The price you'll pay for your Unearned Prepaid Tuition 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 Unearned Prepaid Tuition 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 Unearned Prepaid Tuition 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 Unearned Prepaid Tuition Bond Application process.
Obligee Information
An obligee is the entity that is requiring you to have the Unearned Prepaid Tuition bond.
Obligee: State Of Colorado
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!