Lost Instrument Bond Guide

How to Get Your Lost Instrument Bond

#1: Determine Your Requirements

If you lose a redeemable item of value (such as a share of stock, certificate of deposit, check or deed of trust) and you need a duplicate issued to you, the applicable financial institution (usually a bank or transfer agent) will notify you if you need a lost instrument bond.

#2: Get Approved for Your Bond

Once you are notified that you need a bond, you can simply apply online and get instantly approved.

#3: Sign and Submit Your Bond to the Financial Institution

Once you have your lost instrument bond in your hands you will need to:

  • Sign your bond
  • Make a copy for your records
  • Send your signed bond to the financial institution that required the bond (along with any other important paperwork provided by your bond agency or the state).

How Much Do Lost Instrument Bonds Cost?

The cost is a percentage of the bond amount, which is mostly based on your personal credit. You can use our free bond premium calculator tool to get an instant ballpark estimate, or you can apply online to get a firm quote.

What is an Indemnity Bond for Lost Instruments?

A lost instrument bond is generally required by financial institutions in order to issue a copy of a financial document or redeemable item of value that has been stolen or lost, e.g. a stock certificate, cashier’s check, a share of stock, promissory note, etc. The required bond amount will be decided by the financial institution that issued the original financial certificate (usually about 1.5times the amount of the original certificate/item). The bond guarantees the financial institution will not suffer any losses because of the duplicate document it issued.

Lost Instrument Bond Claims Can Put You at Risk

You’re responsible to pay any bond claims in full which can be as large as the full bond amount. The indemnity agreement that you must sign to get your bond is a legal contract that pledges your corporate and personal assets if you are to cause claims by attempting to use both the original financial certificate and the duplicate that was issued to you. Take a look at our guide to learn more about how surety bond claims work.