If you are engaged in the operation of an insurance premium finance company in North Carolina you are required under section 58-35-5 of the State of North Carolina General Statutes to file a North Carolina Insurance Premium Finance Company Bond as a condition of licensure.
Bonds Express offers a North Carolina Insurance Premium Finance Company Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The North Carolina Insurance Premium Finance Company Bond holds you accountable for your business decisions.
By possessing a North Carolina Insurance Premium Finance Company Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.