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New York Self Insurers Representatives Bond

Category:
New York Workers Compensation - Official
State:
New York
Control #:
NY-OC-407
Format:
PDF
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Description

Self Insurers Representatives Bond A New York Self Insurers Representatives Bond is a type of surety bond required by the New York Department of Financial Services for any individual who represents a self-insured employer in the state. This bond guarantees that the representative will faithfully and honestly perform their duties and comply with all applicable laws and regulations. The bond must be submitted in the amount of $10,000. There are two different types of New York Self Insurers Representatives Bond: a three-year bond and an annual bond. The three-year bond covers a period of three years and must be renewed annually; while the annual bond covers just one year and must be renewed each year.

A New York Self Insurers Representatives Bond is a type of surety bond required by the New York Department of Financial Services for any individual who represents a self-insured employer in the state. This bond guarantees that the representative will faithfully and honestly perform their duties and comply with all applicable laws and regulations. The bond must be submitted in the amount of $10,000. There are two different types of New York Self Insurers Representatives Bond: a three-year bond and an annual bond. The three-year bond covers a period of three years and must be renewed annually; while the annual bond covers just one year and must be renewed each year.

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New York Self Insurers Representatives Bond
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