Illinois Funeral | $1,000 Funeral Surety Bond
Also known as: funeral bond
Type of Bond
An Illinois funeral bond, also known as a pre-need funeral bond or a pre-need funeral trust, is a financial instrument designed to ensure that funds are available for an individual's funeral expenses when the time comes. By setting up a funeral bond, a person can pre-pay for their funeral services, alleviating the financial burden on their family members and ensuring that their final wishes are carried out. The bond is typically backed by a licensed and regulated financial institution, and the funds are held in a trust account until they are needed. In Illinois, funeral bonds are regulated by the state to protect consumers and ensure that the funds are used appropriately for their intended purpose.
Program
The price you'll pay for your $1,000 Funeral 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 $1,000 Funeral 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 $1,000 Funeral 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 Funeral Bond Application process.
The Illinois Funeral Bond amount is currently set at $1,000.
Obligee Information
An obligee is the entity that is requiring you to have the Funeral bond.
For your convenience you can view a sample copy of the Illinois Funeral Bond Form.
Obligee: Comptroller Of The State Of Illinois
Street: 100 W Ranholph St Suite 15-500
State: Illinois
Zip: 60601
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!