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Surety Information

Need a Surety Bond?

 

 

WorldWide Insurance Specialists, Inc; is a nationwide Surety Bond and Fidelity Bond Agency You can count on us for fast and friendly service. We understand that our success depends on the loyalty and confidence of our customers. We value this relationship and show our appreciation in the form of excellent service.

 

 

What to expect at WorldWide Insurance Specialists, Inc

A broad range of Surety bond markets allows us to place any difficult risk. Renewals are handled with a minimal amount of additional information. Even if you have been declined by another Surety agency or Surety Company we can help.We also handle preferred Surety Bonds as well.. We are an independent Surety Bond agency so we are not tied down to anyone Surety Company.

 

If you are an Agent


We are easy to work with if you are an agent. There is no appointment necessary. If you are an Agent/ Broker we will only deal with you not your client.

 

Surety Bond Definition :


A Surety Bond is an agreement subject to the Bond Form. The Surety Bond is usually required for monetary compensation for failure to perform specified acts referenced in the Bond Form.
A Surety Bond is a generic name for all bonds. Surety Bonds are usually required by the state or Federal Government; these bonds are called License and Permit Bonds.
There are three parts of a Surety Bond, the first is the Obligee. They are the entity requiring the Bond.
Second is the principal. The Principal is the person whom will perform the contractual obligations set forth in the Bond Form.
The third part is the Surety Company. They are the entity who will be insuring the Bond.

 

 

Surety Bond Underwriting

 

Surety Bond Underwriting: At Worldwide Insurance Specialists; we can handle all your Bonding needs even, if you have been declined for credit, financials or bond type.
Apply for a Surety Bond

 

 

Mortgage Broker bonds

We have a wide range of Mortgage broker bond programs from fortune 500 companies to small business. At WWIS we can handle your mortgage broker bond requests for all fifty states. If you have less than perfect credit or your financials do not meet normal underwriting requirements, we can help. Call today and ask about our Mortgage broker bond program.

 

MVD Bonds

Call today and ask about our exclusive MVD bond programs. We have several markets that write MVD bonds for all fifty states. From preferred credit to less than prefect credit we can write your MVD bond. If you have a bankruptcy or your business or personal financials do not meet the normal underwriting requirements, we can help even if your a startup company. Unlike other companies our programs are non-collateralized, so you do not have to tie up your working capital in a non interest bearing account with a surety company. You can keep your money where it belongs; with you!

 

Contractor License bonds

Call for our Instant issue contractor license bond program accounts with less than prefect credit or weak financials. This Contractor License bond program is an exclusive nationwide program designed to help you obtain you license, even if you have had a bankruptcy or credit issues. The contractor License bond program is a non-collateralized program.

If you don't see your Surety bond; or if you don't know the type of Surety bond you need, please contact us toll free at (888) 518-8011 and speak to one of our Surety Bond experts. Remember all bonds are Surety bonds