This is a legal form that was released by the Michigan Department of Insurance and Financial Services - a government authority operating within Michigan. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is a Form FIS0858 Insurance Premium Finance Company Corporate Surety Bond?
A: Form FIS0858 is a corporate surety bond required for insurance premium finance companies in Michigan.
Q: Why do insurance premium finance companies in Michigan need a surety bond?
A: Michigan requires insurance premium finance companies to obtain a surety bond to help protect consumers and ensure compliance with state regulations.
Q: What does the Form FIS0858 Insurance Premium Finance Company Corporate Surety Bond cover?
A: The bond provides financial protection to consumers in the event that the insurance premium finance company fails to fulfill its obligations.
Q: How much does the Form FIS0858 Insurance Premium Finance Company Corporate Surety Bond cost?
A: The cost of the bond varies based on the financial strength of the company and the bond amount required by the state.
Form Details:
Download a fillable version of Form FIS0858 by clicking the link below or browse more documents and templates provided by the Michigan Department of Insurance and Financial Services.