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Mortgage Broker Bonds - Applying for Bond


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Old 06-16-2008, 09:22 AM
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Join Date: Oct 2007
Posts: 558
Default Commercial Bond

Quote:
Originally Posted by Bond Magician
No, you are not obligated if you choose to apply online. You are commited if you accept the quote and sign the paperwork and indemnity agreement.

Please note that the first year's premium is not refundable.
Committment doesn't start until we receive your premium - along with the signed agreements. Acceptance of the quote still does not obligate you.
But remember, as Bond Magician indicated - once your premium is received, it is not refundable - even if you cancel the bond in a month.
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