Nearly every day people tell about needing to evacuate their homes and offices due to fire, flood, or earthquake.  We grieve with these people when they lose their homes, and it begs the question: "What would you take if faced with the same urgent decision?"  One probably thinks of all the personal items impossible to replace, photos, or treasured heirlooms, but what about important documents?  We have files stuffed with official papers that verify marriages, births, and financial records.   And there could be no worse time to lose insurance records, receipts, and bank statements than after a disaster.  As expected, businesses are generally covered for these events.  Any company dealing with official and confidential records has layers of backup, including off-site e-files.  However, the average person probably just trusts the fireproof box in the office or under the bed.  Sometimes the lost documents, so important, are records of securities, stocks and bonds.

First, contact your agents to see if they have copies, if not, you may need to secure a lost securities bond to start the process of collecting the value or hold the security.  Contact a surety bonding agency to find out about a lost securities bond.  You will probably need to file an affidavit of loss, a sworn statement describing the document, date of issuance, and loss, along with details of the loss.  Next, you need to apply for a lost securities bond through a surety bond company. 

You will be the principal or holder of the bond and this document acts to guarantee the transfer agent, or issuer of the stock, against loss and fraud.  The lost securities bond serves as a promise of notification if the original document is found or is proven to be sold, transferred, or traded.  Simply, it protects the issuer against financial loss.

Surety1, Surety Solutions Insurance Services, Inc. has experience in this and 100’s of other type of surety bonding needs.  Their experienced agents can help you through this difficult period and help with the recovery process.  Surety 1 lost security bonds can be the first step in securing important financial wellbeing, so important in times of crises.   Surety 1 provides an easy and secure online application; an online help line or a personal call can help assuage your concerns about the recovery process.  Knowing there is a back-up plan may add a measure of calmness in all the turmoil. 

Surety 1 offers a lost securities bond  and will assist clients with challenged credit.  Contact Surety 1 for lost securities bonds; there are no broker fees, processing fees, credit card fees or underwriting fees.