Alaska insurance Premium Finance Companies are required under AS 06.40 of the laws of State of Alaska to file an Alaska Insurance Premium Financing Company Bond in the amount of $5,000 as a condition of licensure.
Bonds Express offers an Alaska Insurance Premium Financing Company 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 Alaska Insurance Premium Financing Company Bond holds you accountable for your business decisions.
By possessing an Alaska Insurance Premium Financing Company Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.