Cancellation Policy

Surety Bond Cancellation Policy

VGM Insurance will issue a refund on surety bond payments that are cancelled due to the United States Government changing the surety bond requirements prior to the October 2, 2009 effective dates. Changes in the surety bond requirement after October 2, 2009 may result in partial refund if the surety bond was purchased for a term longer than 12 months.

Refunds will not be issued for any other reason.

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