What Counts as a Lost Instrument?
A lost instrument bond, also known as a lost deed or a lost note bond, is required for a misplaced or stolen financial instrument. Before financial institutions issue a replacement of the missing instrument, they may require…
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Colorado Lost Instrument Bond
In the state of Colorado, a lost instrument surety bond is required to protect against losses of financial securities, like checks, stock certificates, mortgages, certificates of deposits, money orders, bankbooks, unclaimed property, promissory notes, life…
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Owning a Lost Life Insurance Policy
When you purchase a life insurance policy, you usually don’t plan on having to use it for a long time. But you have to store it somewhere in the meantime. And it’s very easy to…
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What if I Lose a Stock Certificate?
While most stock trading is done in the virtual space, an investor has the option of choosing to receive a physical stock certificate. But what happens if you lose or somehow ruin your physical stock…
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What is a Financial Instrument?
The simplest definition of a financial instrument is a group of assets or capital that can be traded. They are essentially legal contracts involving monetary value of any kind. The purpose of the financial instrument…
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