Other Bonds Available

ERISA BONDS

WHAT IS ERISA? IS YOUR RETIREMENT PLAN SECURE?

The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for the administration of pension plans in private industry.

For example, if your employer maintains a pension plan, ERISA specifies when you are allowed to particopate, how long you must be employed before you have a nonforfeitable interest in your pension, how long you can be away from your job before it might affect your benefits, and whether your spouse has a right to part of your pension in the event of your death. Most of the provisions of ERISA are effective for plan years beginning after January 1, 1975.

In order to protect the plan from loss by reason of acts of fraud or dishonesty on the part of a plan official, plan officials are required to provide a surety bond.

AMOUNT OF THE ERISA BOND

Federal law requires that the amount of an ERISA bond be fixed at the beginning of each fiscal year. In general, the amount of the bond must be at least 10 percent of the amount of funds handled by the person(s) bonded (with a minimum amount of $1,000 and a cap of $500,000). 

Don't wait any longer to secure your retirement plan. 

*******The PREMIUM RATES for ERISA Bonds are listed on the bottom of the application*******

 

BUSINESS INDEMNITY BONDS

PROTECT YOUR CUSTOMERS FROM DISHONESTY LOSS

In a perfect world, employees would be loyal and trustworthy. Unfortunately, one in three employees admit to stealing in the workplace. This is even more disheartening when employees steal from customers. As a business owner, protecting your customers and maintaining their loyalty is top priority.

DON'T WAIT UNTIL IT'S TOO LATE

For minimal expense, you can have that security protection with a Business Indemnity Bond. It will protect your customers from losses incurred by dishonest acts of your employees, preserves customer goodwill as well as covering against acts by all company employees, part-time and full time.

Don't wait any longer to get the protection you need.

*******The PREMIUM RATES for Business Indemnity Bonds are listed on the bottom of the application*******

Complete your application(s) and FAX or MAIL it to the following:

 

  • Toll Free FAX: (800) 637-5992
  • MAIL To: Notary Service and Bonding Agency, Inc. 550 Hulet Dr. Suite 105 Bloomfield Hills, MI 48302 

Accepted Other Bond Payments:

   

Payments by Credit Card
PLEASE CLICK HERE TO COMPLETE AND PRINT THE CREDIT CARD PAYMENT FORM
 
Payments by Check
Please make the check payable to: Notary Service and Bonding Agency, Inc.