The bond form states that the State may recover from the bond any amount necessary up to the full surety bond penalty if the adjuster, or any sub-licensee is found guilty of fraudulent or dishonest practices in connection with the transaction of his or her business as an independent adjuster during the license period for which the New York independent adjuster bond is issued or if he or she is convicted been under any of the Sections contained in Article of the Penal Law for an offense or offenses committed during such license period.
The bond is also subject to any Regulations promulgated after the effective date of the same. Licensing paperwork and adjuster bond should be submitted to:. Licensing forms and a list of the requirements for independent adjusters can be downloaded at the State website at www.
The Department is very anal about proper completion of the bond form, notary certificates and accompanying documentation, so we recommend second review of everything that an applicant expects to submit and to allow us to properly prepare your bond forms. New York surety leader , Surety One, Inc. You may be eligible for a very low bond premium!
An expert underwriter will carefully evaluate all three to attain the best credit decision possible. To avoid any delay, the information that you should submit should be organized and concise. Get licensed ASAP! Insurance Adjuster Bonds. Virgin Islands. Visit us at SuretyOne.
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