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Lost Securities / Lost Instrument Bond

This bond is needed for owners of lost, stolen or destroyed securities. The owner files the bond to indemnify the issuer of the securities against loss resulting from furnishing duplicates of the lost instruments.

This bond is generally desirable for reputable and financially responsible applicants, where the lost securities are not negotiable; and where no form of assignment, either printed on the securities or as a separate instrument, has been signed in blank.

Where a special form of lost security bond is required, submit bond form along with the completed application. Company bond forms are available for use where a standard form is acceptable to the obligee (issuer of the instrument).