Time after time an application is declined, or delayed because of the bond form that is attached to it (or in some cases, because no bond form is attached.  This bond form is the key ingredient for you application to be accepted, because it is this form that is spelling out the terms of the guarantee.

 

As most of you know, a surety bond is a three party agreement involving the surety, the principal and the obligee.  The bond is a guarantee of something (depending on the nature of the business), and the bond form explains the terms and conditions of this guarantee.  It is for this reason that you must submit the correct bond form, and make sure it is up to date; otherwise you experience delays or may even be declined.

 

So how is the best way to find these forms?  First you can turn to the internet.  The Surety & Fidelity of

 

You may be asking why each bonding agency doesn’t keep the bond forms on file.  The answer is simply to it would take far to many resources.  There are hundreds of bonds; each requiring their own bond form, further compounding this issue is that each state has their own specific bond form for each type of bond. As you can see this leads to thousands of different bond forms to keep on file.  However the largest hitch in the plan may be that these forms are periodically updated with out notice.  As you can see it would take an incredible amount of resources to keep on top of this.