Past 30 day cancellation.

[bad2thebond]

My telemarketing bond premium has a due date 30 days in advance of the bond terms actually renewing. Will the surety cancel me if I don't pay before the 30 days or do I sill have time to remit without penalty?

[Surety Wizard]

The Surety Company and the state will both want to know if you are renewing the bond. the 30 day cancellation clause is listed in the bond language to prevent the bond from remaining in effect after the end date. You may be able to get by with a few days past the date but I would not push it too far. You may be subject to paying reinstatement fees after that due date.