California Cemetery Brokers Bond
Know what this bond is for and how to easily get one!
What is a California Cemetery Brokers Bond?
This bond must be obtained by a cemetery broker who is applying for a license but does not possess a certificate of authority.
This bond should be submitted to the Cemetery and Funeral Bureau of the Department of Consumer Affairs of the State of California.
The purpose of this surety bond is to ensure that the cemetery broker will conform to Chapter 19 of Division 3 of the Business and Professions Code and Division 8 of the Health and Safety Code of the of the State of California.
Any person who will suffer damages from the violation committed by the cemetery broker against the said Codes will be eligible to file a bond claim.
This requirement is in pursuance of Section 7651.6 of the California Business and Professions Code.
How much does a California Cemetery Brokers Bond cost?
The bond premium will start at $100 for those who have excellent credits scores. The bond amount is $10,000.
Through our low credit score bond program, individuals with low credit scores may still qualify for this bond.
Give us a call to know more, or Check out what you need to pay by getting your FREE SURETY BOND QUOTE HERE!
How can I get a California Cemetery Brokers Bond?
In order to secure this type of bond, the cemetery broker must seek the assistance of a surety bond company.
You will be asked to apply for this bond. If you’re ready to apply for one right now, you may easily do so HERE!
Once the application is received, the surety bond company will immediately process it. In our case, one of our expert surety bond agents will guide you through the whole process from the time you applied for the bond. We will make sure that you understand all the conditions before we issue the bond.
An underwriter will then evaluate the following:
- Your financial strength
- Your job/business performance history
- Your credit score
Once the prequalification process is fulfilled, we will execute the bond and send it to you!
How does a California Cemetery Brokers Bond work?
This bond will serve as an enforceable agreement among three parties, namely:
Principal – cemetery broker
Obligee – State of California
Surety – surety bond provider
Through this bond, the Surety is guaranteeing that the Principal will faithfully and honestly perform his or her legal obligations. The Surety will also extend its credit to the Principal in case the Principal fails to pay the sums due to an individual or group of individuals.
If such happens, those who will be harmed can file a claim against the bond for the purpose of recovering the amount that the Principal failed to pay. The claim will first be verified by the Surety before it is settled. Once the Surety has settled the claim, the Principal will reimburse the Surety for the payments made.
Fast approval! APPLY HERE!