Renewal Time

[Mother Bond]

My bond will be up for renewal soon... will I just be billed for the premium or will I be required to provide updated financial info first?

[Surety Queen]

Originally Posted by Mother Bond

My bond will be up for renewal soon... will I just be billed for the premium or will I be required to provide updated financial info first?

Depending upon the size of your bond, Surety may want some updated financials. That being said, they generally just renew the ARC bonds so renewal invoices should be sent out 60 +/- days prior to the renewal date. All we would require (if financials aren't necessary), is a copy of the renewal letter from ARC confirming the bond amount.

[aarathi]

It will be renewed at any time.

[Surety Queen]

Originally Posted by aarathi

It will be renewed at any time.

The bond will renewed according to the term of the original bond.