Louisiana Fundraiser | $25,000 Fundraiser Surety Bond
Also known as: fundraiser bond
Type of Bond
A Louisiana fundraiser bond, also known as a Louisiana charitable solicitation bond, is a type of surety bond required for individuals or organizations engaged in fundraising activities for charitable purposes in the state of Louisiana. The bond is mandated by the Louisiana Secretary of State's Office to provide financial protection to donors and ensure compliance with state laws and regulations governing charitable solicitations. The purpose of the fundraiser bond is to guarantee that the bonded entity will use the funds collected through charitable solicitation for the intended purposes and in accordance with applicable laws and regulations. It also provides recourse for donors in case the bonded entity engages in fraudulent or deceptive practices or fails to fulfill their obligations. If a donor suffers financial loss or damages due to the actions of the bonded entity, they can file a claim against the bond. The bond amount represents the maximum compensation available to the claimant, up to the bond's limit. The bonded entity is ultimately responsible for reimbursing the surety company for any claims paid out. Obtaining a fundraiser bond is a requirement for individuals or organizations that engage in charitable solicitations in Louisiana. It helps to build trust and confidence among donors, as it ensures that their contributions will be used for legitimate charitable purposes. The bond also serves as a regulatory mechanism to protect the public from fraudulent fundraising activities and promote transparency in the charitable sector.
Program
The price you'll pay for your $25,000 Fundraiser 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 $25,000 Fundraiser 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 $25,000 Fundraiser 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 Fundraiser Bond Application process.
The Louisiana Fundraiser Bond amount is currently set at $25,000.
Obligee Information
An obligee is the entity that is requiring you to have the Fundraiser bond.
Obligee: State Of Louisiana
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!