How much does an insurance counselor surety bond cost in Georgia?
The Georgia Commissioner of Insurance requires insurance counselors to post $5,000 surety bonds in order to be licensed.
SuretyBonds.com offers these bonds instantly for just $100! There’s no credit check required, so everyone pays the same flat rate. Get bonded now!
|Bond Type||Bond Amount||Cost*|
|$5,000 Insurance Counselor Bond||$5,000||$100||Buy Now|
If you’re ready to become bonded instantly, call SuretyBonds.com at 1 (800) 308-4358 or fill out an online bond request form here. In 5 minutes, our experts can get you set up with the Georgia surety bond you need!
Why do I need this bond?
By posting a Georgia insurance counselor surety bond, principals (counselors) pledge to faithfully provide all services for which they are contracted in compliance with the Official Code of Georgia Annotated (section 33-23-7) and Section 120-2-3-.18 of the Georgia Insurance Regulations.
If the principal violates these terms, the bond protects the state and consumers from financial loss up to the full amount of the bond.
What’s the fine print?
Insurance counselor surety bonds in Georgia remain in full force and effect until canceled. The surety may cancel the bond at any time by providing the Commissioner of Insurance with a written notice no less than 60 days in advance of the cancellation’s effective date.
How to become an insurance counselor in Georgia
In addition to posting a surety bond, the state of Georgia mandates that a license is required if the applicant is engaged in any of the following types of insurance counseling:
- accident and sickness
- personal lines
The applicant must pass the mandatory examination for licensure within 12 months of the completion of the pre-licensing course. An investigation of the applicant’s general character, including a background check, must be conducted before a license can be issued.
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