Surety Bonds for Excess of FDIC Now Available Through Surety1 - Insurance News | InsuranceNewsNet

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December 26, 2012 Newswires
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Surety Bonds for Excess of FDIC Now Available Through Surety1

PR Web

Sacramento, CA (PRWEB) December 26, 2012

Unlimited FDIC insurance coverage of non-interest-bearing transaction accounts (TAG) ends December 31st, 2012. Surety1 now has carriers available to offer excess deposit guarantee bonds.

This product is a type of surety bond, an insurance product with which a surety company guarantees the obligations of another entity to a third party. An excess deposit guarantee bond issued by an Insurance Company can be used to guarantee deposits in excess of FDIC limits, providing the security of an A.M. Best rating of A+ (Superior) insurance carriers. This bond, often referred to as a depository bond, is not yet available via Surety1's online portal. To obtain this type of surety bond, call Surety1 at 877-654-2327 and speak with a courteous surety bond professional.

Surety Solutions Insurance Services, Inc. is an independent insurance agency based in Rancho Cordova California, specializing in the placement of surety bonds and other specialty insurance products. For more information on obtaining a surety bond, you can contact Surety Solutions through its website, http://www.surety1.com, by calling toll free, 877-654-2327 or e-mail, info(at)surety1(dot)com

Read the full story at http://www.prweb.com/releases/2012/12/prweb10266811.htm

Copyright:  (c) 2012 PRWEB.COM Newswire
Wordcount:  184

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