Underwriting Considerations

Listed below are some general considerations for the various types of commercial bonds. Further detail is provided in the Application Help section, under each specific bond.

1. Customs & Excise, License & Permit Bonds

• Financial strength of applicant and company(s)
• How long applicant has been in business
• Credit rating

2. Fiduciary Bonds

• Financial strength of applicant(s)
• Applicant's relation to deceased or incompetent
• Management plan
• Potential duration of bond

3. Lost Document Bonds

• Circumstances surrounding the loss
• Financial strength of applicant
• Type of security or lost instrument