What is a Missouri Lost Instrument Bond?

Missouri Lost Instrument Bond

We get it. Losing an important item is hard enough.

Losing an important financial instrument? Well, that one is headache-inducing.

There are requirements that you need to fulfill before your precious instrument is replaced. One of the most important of which is a surety bond.

A surety bond is one of the essential requirements of having a lost instrument replaced. Issuing authorities will require you to submit this type of bond to protect them in case another person files a claim on the instrument that’s been replaced.

This type of surety bond will also act as an assurance that if the principal found the lost instrument after it has been replaced,  the principal will surrender the new one to the issuing authority or surety for proper disposal.


What are instruments?

Instruments are legal documents that have financial value. Some examples of these so-called important instruments are as follows:

  • Treasury Bills
  • Bond Futures
  • Stock Certificate
  • Certificate of Deposit
  • Passbook
  • Cashier’s Check
  • Real Estate Certificates


What is the bond amount for a Missouri Lost Instrument Bond? 

The bond amount varies widely.  The surety bond cost, however, will depend on the value of the instrument.

Instruments that have a value of $5,000 or less can have a surety bond cost of $100.

For instruments that have more than $5,000 in value, the surety bond cost that you need to pay will be $20 per one thousand.



How can I get a Missouri Lost Instrument Bond?

You can easily obtain this bond by following these simple steps:

First: Apply

If you are ready to submit your application for this type of bond, you may easily do it HERE!

Don’t worry! We will guide you through the whole process.

Second: Underwriting

Once we have received your application, we will ask you for a couple of important details needed for the underwriting process. This will include your financial history, your job performance history, and your credit score. An expert underwriter will evaluate all those.

Third: Bond Execution

After you have satisfied the underwriter’s checklist, the bond will immediately be issued and sent to you!


What is the process of replacing a lost instrument? 

This will vary per issuing authority.  Each has its own set of rules regarding instrument replacement.  However,  there  are  some  common  factors  in  this  process  such  as  the following:

  • You must submit an affidavit stating all pertinent facts about the lost instrument
  • You will  have  to  submit  a  written  statement  about  the  circumstances  of  the lost instrument
  • You will be asked to submit proof of identity
  • You must submit a surety bond

Get your lost instrument replaced here today! APPLY HERE!

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