Maine lost instrument bonds.
Replace the paper, protect the issuer.
Lost a cashier’s check, stock certificate, or promissory note? The issuer won’t simply reissue it. A lost instrument bond indemnifies the issuer if the original turns up in someone else’s hands. That’s what lets the bank or transfer agent replace it for you. It is underwritten, not flat-rated — tell us the instrument and its value, and we quote it.
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How much does a Maine 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 to get the instrument reissued.
The bank or transfer agent won’t replace the paper until the bond is in hand. Here is the whole process:
Tell us the instrument
Send what was lost (cashier’s check, stock certificate, note), its face value, the issuer’s name, and any affidavit-of-loss the issuer requires. The value sets the penal sum and the quote.
A specialist underwrites & quotes
A surety specialist reviews the matter and returns a quote with any collateral requirement. Lost-instrument bonds are frequently collateralized because the original could still be presented — we tell you up front.
Execute & deliver
We issue the bond on the issuer’s required form, with the surety’s power of attorney attached, so the bank or transfer agent can reissue the replacement instrument.
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.
Why the issuer needs indemnity first
When a negotiable instrument — a cashier’s check, a stock certificate, a promissory note — is lost, the issuer faces a real risk: it could reissue the instrument to you and then have the lost original show up in the hands of a good-faith holder entitled to be paid.
A lost instrument bond solves that. It indemnifies the issuer against having to pay twice, which is exactly the protection the bank or transfer agent needs before it will replace the missing paper.
It is a closed-penalty bond: the penal sum is the value of the instrument, and because the original could surface years later, sureties commonly require collateral. The legal backbone is the UCC, which Maine has adopted, not a Maine-specific statute.
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. We issue the bond on the issuer’s required form, with the surety’s power of attorney attached, so the bank or transfer agent can reissue the replacement instrument.
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.
Start with the instrument and its value.
These are the actual underwriting fields — what was lost, its value, the issuer, and your business. Submit once and a surety specialist responds in about one business day with a quote and any collateral requirement. No charge until the bond is issued.
Start the application →Common questions.
Other Maine bonds.
The same bond in nearby states.
Requirements checked on the carrier’s application, . Page updated .
Get the lost instrument reissued.
Send the instrument and its value. A surety specialist underwrites it and returns a quote — typically within one business day. No charge until the bond is issued.