Surety Claim Handling Procedure Checklist Form
Complete each step to ensure a thorough and compliant surety claim handling process.
Review and log the initial claim notice
Step completed
Verify bond coverage and claimant eligibility
Step completed
Acknowledge receipt of claim to all relevant parties
Step completed
Request and collect supporting documentation
Step completed
Investigate and evaluate the claim
Step completed
Communicate with principal and obligee for clarification or additional information
Step completed
Document findings and prepare claim report
Step completed
Determine claim resolution and communicate decision
Step completed
Process payment or denial as appropriate
Step completed
Close claim and archive all documentation
Step completed
Submit Checklist
Should be Empty: