Lost Securities Bond

Lost Securities (or Lost Instrument) bonds are required when one has misplaced, lost, destroyed, or had stolen an original negotiable instrument such as certificates of stock ownership, municipal bonds, or certificates of deposit. The bond is required for the issuer to provide replacement instruments to the owner. 

The bond guarantees that, if the original documents later appear, the issuer of the document will not suffer economic loss; that the owner and the surety will reimburse them for any loss resulting from the issuance of duplicate securities or instruments.

Underwriting Requirements: