| Print This Application |
General Information Questions |
Fax to: 516-794-0380 |
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Type of Bond (describe purpose)
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(Attach a copy of the bond form, if available)
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Bond Amount:
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Effective Date of Bond:
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Bond Term, if known:
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Applicant is:(select 1)
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Individual
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Partnership
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C-Corp
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S-Corp
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LLC
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Name to appear on Bond, if different from Applicant:
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Applicant's Business Description or Latest Occupation:
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SS:
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Fed Tax ID:
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U.S. Citizen?
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Yes
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No
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Obligee - party requiring the bond (required):
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Billing Address if different from Applicant's Address:
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General Underwriting Questions |
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Does the Applicant have any other Surety bonds in force?
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Yes
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No
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Has another Surety company declined to write this or any previous bond?
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Yes
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No
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Have you ever had a bond involuntarily terminated or cancelled?
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Yes
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No
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Has there ever been a claim or legal action against any bond executed on your behalf?
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Yes
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No
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Do you or any of your companies have any pending lawsuits, unsatisfied judgments or liens?
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Yes
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No
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Have you or any of your companies declared bankruptcy or become insolvent?
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Yes
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No
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Have you or any of your companies been the subject of any legal or administrative proceedings resulting in disciplinary action?
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Yes
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No
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Have you ever been convicted of a felony?
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Yes
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No
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(If you answered Yes to any of the above questions, please attach a detailed explanation.)
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Court: Judicial Bonds |
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Judgement / Claim Amount:
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Case Number:
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Court Jurisdiction:
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Attorney's name an address:
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Does the case involve a domestic dispute?
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Yes
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No
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Attach copy of Court Order, Judgement and /or other documents.
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copies attached
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If the bond os greater than $25,000 and the Applicant is a business,
attach a copy of the last 2 fiscal year-end financial statments.
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copies attached
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If the bond is greater than $25,000 and the Applicant is an individual,
attach a copy of the most recent financial statment.
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copy attached
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The applicant(s) and the Indemnitor(s), if any, hereby authorize the company to obtain credit reports and histories
and to confirm the bank balances claimed, and all other items on any balance sheet or income statment furnished
until all liability of the company for any suretyship or claim obligations expire.
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Indemnity Agreemant |
The undersigned Applicant and Indemnitor(s) hereby certify that the foregoing
declarations made and answers given, are the truth without reservation, and are
made for the purpose of inducing a SURETY COMPANY for itself and its affiliates,
parents and subsidiaries, hereinafter called Surety, to become Surety on a
certain bond or undertaking applied for and any renewal and increase of the same
or of any bond or undertaking of similar nature given in substitution or renewal
thereof (all comprehended in the word "bond" or "undertaking" as herein used),
and in consideration of the surety executing said bond or undertaking do
undertake and agree as follows:
To pay the Surety all premiums when due
and annually in advance of each renewal thereafter, until the Indemnitor(s)
shall serve upon the Surety, at its said office, competent written legal
evidence, satisfactory to the Surety, of it being duly discharged from such bond
or undertaking. That the Indemnitor(s) hereby authorize the Surety to make such
pertinent inquiry as may be necessary from financial institutions, persons,
firms and corporations in order to confirm and verify information referred to or
listed on this application.
The Indemnitor(s) will at all time
indemnify, and keep indemnified, the Surety, and hold and save it harmless from
and against any and all damages, loss, costs, charges and expenses of whatsoever
kind or nature, including counsel and attorney's fees, whether incurred under
retainer or salary or otherwise, which it shall or may, at any time, sustain or
incur by reason or in connection with furnishing any bond or undertaking.
To deposit with the Surety on demand an amount sufficient to discharge
any claim made against the Surety on this bond or undertaking. This sum may be
used by the Surety to pay such claim or be held by Surety as collateral security
against loss or cost on this bond or undertaking.
Regardless of the date
of signature(s), this indemnity agreement is effective as of the date of
execution of aforementioned bond(s) or undertaking(s) and is continuous until
Surety is satisfactorily discharged from liability pursuant to the terms and
conditions contained herein.
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IT IS A CRIME TO KNOWINGLY PROVIDE FALSE, INCOMPLETE OR MISLEADING INFORMATION TO AN INSURANCE COMPANY FOR THE
PURPOSE OF DEFRAUDING THE COMPANY, PENALTIES MAY INCLUDE IMPRISONMENT, FINES AND DENIAL OF BENEFITS.
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WITNESS the following signatures(s) and seal(s) this
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day of
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, 20
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If APPLICANT is an individual:
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Witness:
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Signature
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(print above name here):
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(print above name here):
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Witness:
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Signature
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(print above name here):
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(print above name here):
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If APPLICANT is partnership or corporation:
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Name of Firm/Corporation:
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(seal)
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Witness:
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Signature
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(print above name here):
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(print above name here):
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Title (print):
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Third Party Indemnitors: (including personal indemnitors of S-corporations)
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In consideration of the Surety executing the bond hereinabove applied for, we jointly and severally join in
the foregoing indemnity agreement.
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Witness:
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Signature of Indemnitor
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(seal)
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(print above name here)
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SS or Fed ID#
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Witness:
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Signature of Indemnitor
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(seal)
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(print above name here)
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SS or Fed ID#
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Witness:
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Signature of Indemnitor
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(seal)
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(print above name here)
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SS or Fed ID#
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Reminder - Please make sure the application has been SIGNED, WITNESSED and DATED in the appropriate areas
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