License Permit Executor Guarantees | Executor Guarantees Surety Bond
Type of Bond
The Executor bond is a Surety bond, which guarantees the faithful performance of the fiduciary. The fiduciary will perform his duties as mentioned in the will. The fiduciary is a person who is appointed by the court as an executor. He will act as per the desire of the court as mentioned in the will. This executor bond is required when a fiduciary resides outside of the jurisdiction of the court to manage the estate. These bonds are required when a person dies without making a will or the trustee named in the will does not want to act as an executor. These bonds guarantee that all owners will be paid according to the terms of the act. The most common types of fiduciary bonds are the executor bond. This bond guarantees the faithful performance of the executor. The fiduciary is a person who is appointed by the court to manage the affairs or estate of the third party. He is often asked to guarantee the performance of his duties by posting a form of surety bond. This bond helps to indemnify the losses, which arise due to the dishonesty or fraudulent act of the executor or administration. This bond ensures that the executor will perform his obligation as per the provision of the will and the jurisdiction. Thus, this bond recovers the performance of the fiduciary.
Program
The price you'll pay for your Executor Guarantees 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 Executor Guarantees 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 Executor Guarantees 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 Executor Guarantees Bond Application process.
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!