Hawaii Group Legal Service Plan Bond
AmeriPro Surety Bonds | 844-589-9732
Group Legal Service Plan – Hawaii
Group legal service plans in Hawaii allow for people to pay into a legal plan which in turn offers help for locating legal services when required. This profession is regulated by the state’s Insurance Commissioner.
A condition of licensing is that in accordance with Hawaii state law, you obtain a $100,000 surety bond. Our goal is to help you get your surety bond quickly.
Qualifying and the Premium
Qualifying for the $100,000 Hawaii group legal service plan bond is by the following:
- Completion of a short surety bond application. We’ll begin the application with you over the phone; however, you will need to complete, sign, and have your application witnessed;
- A business or personal credit check. To be approved, good credit is required.
Once approved, the premium is just 1%, $1000 annually. And after the premium has been paid, our agency issues this bond to you immediately.
The original surety bond is mailed to you by the following business day, if not sooner, along with a Power of Attorney form. Upon receipt, you’ll sign your bond as Principal and file it with the Insurance Commissioner at the following address:
Insurance Commissioner of the State of Hawaii
Department of Commerce and Consumer Affairs
PO Box 40
Honolulu, HI 96810
Premium Prepayment Options
At $1000 premium, your Hawaii group legal service plan is issued for a one year period, and thereafter renews on the anniversary of its issuance.
At your discretion, our agency also offers you the option to prepay this surety bond for up to 3 years, which will provide a savings over annual renewal.
The premium prepayment options and savings are as follows:
- If prepaid for 2 years, the premium is $1800, a $200 savings;
- If prepaid for 3 years, the premium is $2600, a $400 savings.
Purpose Of Your Surety Bond Requirement
The surety bond is a financial guarantee of your compliance with Chapter 488 of the Hawaii Revised Statutes and any amendments thereto.
AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit bonds in beautiful Hawaii.
We are also a provide of surety bonds nationwide.
Please call our agency today at:
Or, you may fill out the form below and an agent will contact you….