O'Dell Insurance Agency can provide bonds for the
retail agents in the U.S. where a bond for each of the agents is required. We
have preferred bonds for agents with good credit, business experience, and own
real estate . We also have outlets for the "high risk" agent who has had a
bankruptcy, liens, or multiple late pays.
We can also provide complete
consulting to set up a bond program for the states that are currently self
insuring for bonding. Bonding is a way that reimburses the state for all losses
incurred when an agent defaults. Bonding required after the default is usually
not available for the individual retailer, so the Lottery Commissions have lost
the money that was owed to them as well as a sales outlet. The retailers that
pay their money on time should not have to pay for others' thefts.
Margot O'Dell at 1800.743.8467. or email@example.com to answer
any of your questions regarding bonding