FAQ's

Bond Questions

This is the person who signs the bond on behalf of RLI Insurance Company, the Surety.

This is the party that requires the Principal to provide the bond. The Obligee is protected from loss by the Surety if the Principal fails to fulfill their obligations.

Who is the Principal?

This is the person or business who is required to be bonded by the Obligee. The Principal is obligated to the Obligee to pay and/or perform according to a law, ordinance, rule, regulation, contract, license or permit.

Who is the Surety?

This is the insurance company that issues the bond for the Principal. In doing so, they are guaranteeing the obligations of the Principal.

What do I do once a bond is executed?

A. Print a copy of the Bond and Application (if the Application is required).

B. The bond must be dated and signed by the Principal and by RLI (you), unless it already includes a facsimile signature.

C. The corporate seal should be affixed in the signature section on the bond, unless the forms print with a facsimile seal.

D. The Principal must file the Bond with the Obligee. Please note if a Power of Attorney does not print with the bond, it is not required.

E. Mail or e-mail the original signed and dated Application to the Underwriter that approved the bond at RLI. Make sure the bond number is written or printed on the Application.

Why does the Application need to be mailed or faxed to RLI Surety?

Since most Applications include an Indemnification Agreement, RLI Surety needs this document in its file.

How do I know how the Application needs to be signed?

Click here for application instructions.

What do I do with the other pages that print with the bond?

The Power of Attorney should be attached to the bond.

If an Acknowledgment of Surety prints, this should be attached too. The Acknowledgment of Surety must be completed by a notary public who sees the Attorney in Fact sign the Bond for RLI Insurance Company.

What needs to be done if the bond form includes an Acknowledgment of Surety section and/or an Acknowledgment of Principal section?

The notary public will complete each acknowledgment section on the bond form (instead of a separate form) for the person who signs the bond for the Surety and/or the Principal.

10.

Where do I place the seal?

The corporate seal should be affixed by the Attorney in Fact signature.

Bond Questions

1.	Who is the Attorney in Fact? This is the person who signs the bond on behalf of RLI Insurance Company, the Surety.
2.	Who is the Obligee? This is the party that requires the Principal to provide the bond. The Obligee is protected from loss by the Surety if the Principal fails to fulfill their obligations.
3.	Who is the Principal? This is the person or business who is required to be bonded by the Obligee. The Principal is obligated to the Obligee to pay and/or perform according to a law, ordinance, rule, regulation, contract, license or permit.
4.	Who is the Surety? This is the insurance company that issues the bond for the Principal. In doing so, they are guaranteeing the obligations of the Principal.
5.	What do I do once a bond is executed? A. Print a copy of the Bond and Application (if the Application is required). B. The bond must be dated and signed by the Principal and by RLI (you), unless it already includes a facsimile signature. C. The corporate seal should be affixed in the signature section on the bond, unless the forms print with a facsimile seal. D. The Principal must file the Bond with the Obligee. Please note if a Power of Attorney does not print with the bond, it is not required. E. Mail or e-mail the original signed and dated Application to the Underwriter that approved the bond at RLI. Make sure the bond number is written or printed on the Application.
6.	Why does the Application need to be mailed or faxed to RLI Surety? Since most Applications include an Indemnification Agreement, RLI Surety needs this document in its file.
7.	How do I know how the Application needs to be signed? Click here for application instructions.
8.	What do I do with the other pages that print with the bond? The Power of Attorney should be attached to the bond. If an Acknowledgment of Surety prints, this should be attached too. The Acknowledgment of Surety must be completed by a notary public who sees the Attorney in Fact sign the Bond for RLI Insurance Company.
9.	What needs to be done if the bond form includes an Acknowledgment of Surety section and/or an Acknowledgment of Principal section? The notary public will complete each acknowledgment section on the bond form (instead of a separate form) for the person who signs the bond for the Surety and/or the Principal.
10.	Where do I place the seal? The corporate seal should be affixed by the Attorney in Fact signature.