Massachusetts Professional Solicitors | $10,000 Professional Solicitors Surety Bond

Also known as: professional solicitor bond

Type of Bond

A Massachusetts professional solicitors bond is a type of surety bond required by the Massachusetts Attorney General's Office for individuals or organizations engaged in professional solicitation activities within the state. It serves as a financial guarantee that the bonded party will comply with state laws, regulations, and ethical standards when soliciting donations or funds on behalf of charitable organizations. The purpose of the professional solicitors bond is to protect donors and ensure that the bonded party operates with integrity, professionalism, and adherence to industry standards. It provides recourse for individuals who may suffer financial harm or damages resulting from fraudulent activities, misrepresentation, or violations committed by the bonded professional solicitor. By obtaining the bond, the bonded professional solicitor agrees to fulfill their obligations, which may include accurately representing the charitable organization, handling donations responsibly, maintaining proper records, and complying with all applicable laws and regulations governing professional solicitation. If the bonded professional solicitor fails to meet these obligations or violates the terms of the bond agreement, a claim can be filed against the bond, allowing affected parties to seek financial compensation for damages or losses. The professional solicitors 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 determined by the Massachusetts Attorney General's Office and may vary based on factors such as the scale of the professional solicitation activities and the potential financial risks associated with the bonded party's operations. It's important to note that a Massachusetts professional solicitors bond is specific to the regulations and requirements set by the Massachusetts Attorney General's Office. Individuals or organizations engaged in professional solicitation activities in Massachusetts are required to obtain this bond to demonstrate their financial responsibility and commitment to compliance with state regulations while soliciting funds on behalf of charitable organizations.


Program

The price you'll pay for your $10,000 Professional Solicitors 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 $10,000 Professional Solicitors 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 $10,000 Professional Solicitors 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 Professional Solicitors Bond Application process.

The Massachusetts Professional Solicitors Bond amount is currently set at  $10,000.

Obligee Information

An obligee is the entity that is requiring you to have the Professional Solicitors bond.

For your convenience you can view a sample copy of the Massachusetts Professional Solicitors Bond Form.

Obligee: Commonwealth Of Massachusetts Office Of Attorney General
Street: One Ashburton Pl
State: Massachusetts
Zip: 2108