Hunting/Fishing License Sales Bond

Surety bonds are in existence to make sure that all obligations are met when dealing in a specialized area. If you are a business that sells hunting or fishing equipment, you may find that you wish to expand your business to sell licenses to members of the general public wishing to take part in these activities.

Bond amounts and purchase prices can differ in each state or municipality. It is important that you find the best provider of fishing/hunting license bonds in your area and to shop around to make sure that you get the best price and most comprehensive policy available.

Your local government agency requires the bond to be in place before you will be able to sell recreational licenses to the general public. If your business fails to comply with all state laws and terms of the bond agreement your bond will come into play. Your bond does not in any way protect your business. It is in place to cover any financial losses that consumers or government agencies may suffer should you fail to comply with the terms that you agreed to when you bought your policy and obtained your license.

Ultimately, the mistake or negligent act was the fault of your business, so you will be required to reimburse the bond issuer, also known as the surety, for any costs incurred throughout the claim process including settlements of financial loss and legal fees. If you believe that your business was not at fault in the matter, the claims department of your surety provider will investigate the validity of the claim for you and provide you with advice should you wish to pursue the matter further.


Application for


Current or expiring quote we are looking to beat:


Name of previous surety company writing to the bond:


Section I: Bond Applied for

Type of Bond

Effective Date

Expiration Date


Type of Company

CORP

LLC

DBA

Partnership

Bond Amount


(Obligee)


Obligee Address


Section II: General Information

Applicant's Name

Spouse Name


SS#

Spouse SS#

Home Phone


Residence Address

City

State

Zip


Status of Residency

Own

Rent

At Current Address Since


Date of Birth

Spouse Date of Birth

Business License Number


Business Name


Business Phone

Business Fax

Business Email


Business Address

City

State

Zip


Date Business BEGAN Under Present Individual or Firm Name

Business Tax ID


Has any company refused to issue bonds for any purpose?

Yes

No

Do you have any liens, claims or judgements against you?

Yes

No


Has applicant ever failed in business?

Yes

No

Has applicant filed bankruptcy in the last 10 years?

Yes

No


If yes, Chapter 7?

Yes

No

Chapter 11?

Yes

No

Chapter 13?

Yes

No


Date Filed for Bankruptcy?


Date of Discharge?


If yes to any, please explain:


Section III: Additional Parties

Name

Spouse Name


SS#

Spouse SS#

Home Phone


Home Address

City

State

Zip


Personal Financials

(if more than one owner, each has to fill out this app)

Statement of assets and liabilities as of


Assets Liabilities
Cash in Bank Notes Payable to Banks
Cash on Hand Notes to Others(excl. of equipment)
Stocks and Bonds Accounts Payable
Accounts Receivable Federal and State Income Tax Due
Notes Receivable All Other Taxes
Inventory Accruals, Payrolls, Etc.
Cash Value Life Insurance    
Equipment Due on Equipment
Real Estate Due on Real Estate
Other Assets Other Liabilities
    Surplus and Undivided Profits
    Capital Stock(if a corporation)
       
Total Assets Total Liabilities

Net Worth


Name of Owners

Name and Title of Officers

% of Ownership


Are you an insurance agent?

Yes

No

Agent License #

Agent State

Completion of this form constitutes permission for Cal Society Insurance Services to obtain customer information which will be used to determine bonding eligibility. This information will be held in the strictest confidence.