Frequently Asked Questions (FAQ)
Bond Amount ranges from $10,000.00 to $1,000,000.00 with bond amount under $500,000.00 instantly approved. Standard Rate varies based on bond amount with a minimum premium of $100.00.
ARKANSAS-E.R.I.S.A. / ERISA
ARKANSAS-E.R.I.S.A. / ERISA
Underwriting Details
This bond is set at Category 5 – Auto Quote up to $500,000.00. System will instantly approve if the bond amount $500,000.00 and below that meets the set credit/ FICO requirements.
Bond Amount ranges from $10,000.00 to $1,000,000.00 with bond amount under $500,000.00 instantly approved.
Standard Rate varies based on bond amount with a minimum premium of $100.00.
Standard / Default term is 1 year / 3 years .
A multiyear discount is available at specific rates filed.
A signed application is not required for bonds $250,000.00 and under.
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Execution Notes
Bond is electronically signed by the Surety Attorney in Fact.
Filing Method
Executed bond must be filed with the obligee by agent/principal.