Illinois lost instrument bonds.
Replace it. Indemnify the issuer.
A lost instrument bond protects the issuer of a lost cashier’s check, stock certificate, or note if the original resurfaces in someone else’s hands, and the issuer will usually reissue once you post one. The penalty tracks the value of the instrument. A surety specialist returns a quote, usually within one business day.
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How much does an Illinois lost instrument bond cost?
It is underwritten. The carrier’s base rate is 2% of the bond amount; the underwriter sets your premium from the amount, your credit and any collateral.
Built so the issuer will reissue.
Most issuers won’t reissue without an indemnity bond in hand. Here is the whole process:
Tell us what was lost
Apply online with the instrument type, its value, and the issuer’s requirements. The penalty tracks the value, so an accurate figure sizes the bond.
A specialist underwrites it
A surety specialist reviews the instrument, the issuer’s indemnity form, and your application. Higher-value instruments may call for collateral — we raise that up front.
Execute & deliver to the issuer
We issue the executed bond on the issuer’s required form so they can reissue the check, certificate, or note.
How a lost instrument bond works, and what to have ready.
Why it is required
A stock certificate, cashier's check or other financial instrument was lost, stolen or destroyed, and the issuer will replace it only if you post a bond.
Who it protects
The issuer or transfer agent. If the original turns up and someone cashes or transfers it, they recover their loss from the bond.
If there is a claim
The surety pays a valid claim and you repay the surety.
Have these ready
- The issuer's or transfer agent's letter asking for the bond, with the amount
- Details of the lost instrument: its number, issuer, date and value
- Your affidavit of loss, if the issuer asks for one
- Proof that you own the instrument
What it is and who needs it.
How a lost instrument bond works
When a negotiable instrument — a cashier’s check, stock certificate, or promissory note — is lost, destroyed, or stolen, the issuer faces a problem: if they reissue and the original later turns up in the hands of a good-faith holder, they could have to pay twice.
A lost instrument bond solves that. It indemnifies the issuer: if the original is ever presented by someone entitled to enforce it, the bond covers the issuer’s loss. That assurance is what lets them reissue to you.
These bonds are underwritten to the instrument’s value rather than flat-rated, and higher-value instruments may require collateral. We size and quote once we know what was lost and the issuer’s requirements.
You need this bond if you’re
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
Term and renewal are set in the underwriter's quote.
Keep the bond in force for as long as the obligation behind it runs.
How to file it
Execute & deliver to the issuer. We issue the executed bond on the issuer’s required form so they can reissue the check, certificate, or note.
What sets the price
This bond is underwritten. The carrier's base rate for this bond is 2% of the bond amount; the underwriter sets your final premium from the amount, your credit and any collateral.
The application takes about ten minutes.
Tell us what was lost, its value, and the issuer’s requirements. A surety specialist underwrites it and returns a quote — usually within one business day. Free until your bond is issued.
Start the application →Common questions.
Other Illinois bonds.
The same bond in nearby states.
Requirements checked on the carrier’s application, . Page updated .
Lost a check, certificate, or note?
Tell us what was lost and a surety specialist underwrites and quotes your indemnity bond — usually within one business day. Free until your bond is issued.