Massachusetts Lost Instrument | Lost Instrument Surety Bond

Also known as: lost instrument bond

Type of Bond

A Massachusetts lost instrument bond is a type of surety bond that serves as a financial guarantee against the loss or destruction of valuable documents, such as stock certificates, promissory notes, or other negotiable instruments. It is often required by financial institutions, corporations, or individuals to provide protection in the event that the original instrument is lost, stolen, or otherwise inaccessible. The purpose of the lost instrument bond is to provide compensation to the rightful owner or holder of the instrument in case the original document cannot be located or is no longer usable. The bond ensures that the bonded party, typically the issuer or custodian of the lost instrument, will indemnify the owner for any financial losses resulting from the lost or destroyed instrument. By obtaining the bond, the bonded party agrees to fulfill their obligations, which may include compensating the owner or holder of the lost instrument for the value indicated on the bond in the event that the original instrument cannot be recovered or replaced. If the bonded party fails to meet these obligations or violates the terms of the bond agreement, a claim can be filed against the bond, allowing the affected party to seek financial compensation for their losses. The lost instrument bond is typically obtained through a surety bond company. The surety bond company assesses the financial stability and credibility of the bonded party before issuing the bond. The bond amount is often determined based on the value of the lost instrument and the potential financial liability associated with its loss. It's important to note that a Massachusetts lost instrument bond may be required by specific parties or institutions on a case-by-case basis. The bond provides an additional layer of protection and reassurance to individuals or entities holding valuable documents that may be susceptible to loss or destruction.


Program

The price you'll pay for your Lost Instrument 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 Lost Instrument 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 Lost Instrument 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 Lost Instrument Bond Application process.

Obligee Information

An obligee is the entity that is requiring you to have the Lost Instrument bond.

Obligee: Commonwealth Of Massachusetts