This surety bond is required by the Illinois Department of Insurance. It guarantees that the insurance producer will make a full accounting and due payment to the person or company entitled to funds coming into his possession as an incident to insurance transactions and shall comply with all the provisions of Section 500-30 of the IL Insurance Code. The bond amount varies throughout the range of $2,500-$25,000, but regardless of the amount you need, Surety1 will help you find the bond quickly and at the most competitive price.
To Attain an Illinois Insurance Producer/Business Entity Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.