Arkansas Managing General Agents are required under Arkansas Code Annotated 23-64-401 to file an Arkansas Managing General Agent Bond as a condition of licensure.
Bonds Express offers an Arkansas Managing General Agent Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Arkansas Managing General Agent Bond holds you accountable for your business decisions.
By possessing an Arkansas Managing General Agent Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.