Call the Des Moines, Iowa office at 515-309-9500

$10,000 California Insurance Broker Bond


Product Number: Various
$10,000 California Insurance Broker Bond. This product has multiple versions. Please select one using the Choose a Version box.

Price: Varies
Select a Version:




California insurance broker bond. Required by the state of California in order to act as a licensed insurance broker.


Surety: Travelers


State of California Department of Insurance
Bond of Insurance Broker
LIC 417-5 (Rev 06/07)

Producer Licensing Bureau
P.O. Box 1139
Sacramento, CA 95814-1139
(916) 322-3555 or (800) 967-9331
www.insurance.ca.gov

TO THE PEOPLE OF THE STATE OF CALIFORNIA
(Insurance Code Sections 1662-1665)

BOND No. PREMIUM

WE, , as Principal, an applicant for or holder of a California
broker's license, and , an admitted surety insurer as Surety hereon,
bind ourselves in the penal sum of TEN THOUSAND DOLLARS ($10,000) to the people of the State of California, which
sum shall be the limit of total aggregate liability hereunder.

The condition of this obligation is that if the Principal is granted, or during the term hereof holds, an insurance
broker's license issued by the Insurance Commissioner of the State of California, he shall account to any person
requesting him to obtain insurance, for moneys or premiums collected by him, his solicitors or his employees, for
insurance other than life; if he shall so account as required by law, then this obligation shall be null and void;
otherwise to remain in full force and effect.

This bond shall take effect on ______________________, but not prior to the date of its execution. If no date is
hereinabove written, it shall take effect on the later of the two dates of execution set forth below.

This bond shall remain in force and effect until the Surety is released from further liability by the commissioner or
until the bond is canceled by the Surety. The Surety may cancel the bond and be released of further liability hereunder
by delivering 30 days' notice to the commissioner. Such cancellation shall not affect any liability incurred or accrued
prior to the termination of the 30-day period.

In witness whereof the Principal has subscribed his (its) true name on the date and at the place entered opposite his
(its) signature, and the Surety has subscribed its full and correct name and affixed its corporate seal on the date and at
the place in this State shown opposite its signature.

_______________________________________
Principal (print or type) Date

By
Place Where Executed

Surety

By
Name Date

Position or Title Place in California Where Executed

IT IS NECESSARY THAT A STATUTORY $24.00 REPLACEMENT BOND FEE BE SUBMITTED, UNLESS BOND IS FILED WITH
AN ORIGINAL APPLICATION.
<!--End of Page 1 -->

CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT

State of California

County of ____________________

On ______________ before me, ____________________________________________________
Insert name and title of officer here

personally appeared ______________________________________________________________

who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to
the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized
capacity(ies), and that by his/her/their signatures(s) on the instrument the person(s), or the entity upon behalf
of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is
true and correct.

WITNESS my hand and official seal.

_________________________________________ (Notary Seal)
Signature of Notary Public

INFORMATION BELOW IS RECOMMENDED BUT NOT REQUIRED

TITLE/DESCRIPTION OF THE ATTACHED DOCUMENT

_____________________________________________________________________________________________

DOCUMENT DATE ______________________________________________ NUMBER OF PAGES _________________

_____________________________________________________________________________________________
Additional Information

CAPACITY CLAIMED BY SIGNER

Individual(s) Partner(s) Attorney-in-Fact Trustee(s)

Corporate Officer ________________________________ Other ____________________________________

2008 CA V13.01 .08


Related Products are not currently configured for this bond.


Resources are currently not available for this bond.








Terms of Use  |  Privacy Statement  |   Help/FAQ  |  Glossary  |   Companies  |  Contact Us  

Copyright © 2011 - 2024 Performance Insurance. An Independent Insurance Agency. All rights reserved.
500 New York Ave, Des Moines, IA 50313 | ph. 515-309-9500