Insurance Broker Bond

OLBIGEE: Department of Insurance for the state of California

BOND AMOUNT: $10,000.00

BENEFICIARY OF BOND: Individuals who may be harmed by the actions of a licensed insurance broker.

WHY BOND IS REQUIRED: It is required by the state department of insurance and guarantees that the insurance broker will be held responsible for insurance premiums to their employers and the public.

WHO IS REQUIRED TO SECURE THE BOND: Individuals looking to become licensed insurance brokers.

Click Here to Download The Bond Application.