Michigan Uniform Professional Fund Raiser | $10,000 Uniform Professional Fund Raiser Surety Bond
Also known as: professional fundraiser bond
Type of Bond
A professional fundraiser bond, also known as a fundraising bond or charitable solicitation bond, is a type of surety bond that may be required by some states or jurisdictions for individuals or businesses engaged in professional fundraising activities on behalf of charitable organizations. The purpose of the professional fundraiser bond is to provide financial protection to donors and ensure that professional fundraisers operate in compliance with applicable laws and regulations. It serves as a guarantee that the bonded fundraiser will conduct their fundraising activities ethically, accurately represent the charitable causes they support, and fulfill their contractual obligations to donors and charitable organizations. The bond amount required for professional fundraiser bonds can vary depending on the state and the specific regulations in place. It is typically based on factors such as the volume of funds raised, the fundraiser's annual revenue, or the fundraiser's history of compliance with fundraising laws. If a professional fundraiser violates fundraising laws, engages in fraudulent activities, or fails to meet their obligations to donors or charitable organizations, individuals who have suffered financial harm or loss due to the fundraiser's actions can file a claim against the professional fundraiser bond. If the claim is deemed valid, the bond provides a source of financial compensation to the injured parties, up to the bond's specified amount. Professional fundraiser bonds are designed to protect donors and ensure that funds raised for charitable purposes are handled appropriately. By requiring these bonds, regulatory authorities aim to promote transparency, accountability, and compliance within the professional fundraising industry. It's important to note that the specific bond requirements for professional fundraisers can vary by state or jurisdiction. Therefore, it is crucial for fundraisers to consult with the relevant regulatory agency or a licensed surety bond provider to understand the specific bond requirements applicable to their fundraising activities.
Program
The price you'll pay for your $10,000 Uniform Professional Fund Raiser 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 Uniform Professional Fund Raiser 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 Uniform Professional Fund Raiser 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 Uniform Professional Fund Raiser Bond Application process.
The Michigan Uniform Professional Fund Raiser Bond amount is currently set at $10,000.
Obligee Information
An obligee is the entity that is requiring you to have the Uniform Professional Fund Raiser bond.
For your convenience you can view a sample copy of the Michigan Uniform Professional Fund Raiser Bond Form.
Obligee: People Of The State Of Michigan
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!