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This document serves to modify a pre-existing bond by changing the name of the principal named in the bond. It outlines the procedure for making this change and specifies the necessary signatures
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How to fill out change of name liability

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How to fill out Change of Name Liability Bond Rider

01
Obtain the Change of Name Liability Bond Rider document from your insurance provider or legal advisor.
02
Read the instructions carefully and gather any necessary supporting documents.
03
Fill in the required fields, including your current name, new name, and the date of the name change.
04
Include any relevant policy numbers or identifiers as requested in the document.
05
Have the document signed and notarized if required by your insurance provider.
06
Submit the completed Change of Name Liability Bond Rider to your insurance company along with any required fees.

Who needs Change of Name Liability Bond Rider?

01
Individuals who have legally changed their name and wish to update their insurance policies.
02
Business owners who need to reflect a name change in their liability coverage.
03
Any policyholders whose legal name change could impact their coverage status.
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A Change of Name Liability Bond Rider is a legal document that modifies an existing bond to reflect a change in the name of the principal party, ensuring that the obligations and liabilities under the bond are still valid despite the name change.
The principal party who has legally changed their name and is bound by the requirements of the original bond is required to file a Change of Name Liability Bond Rider.
To fill out a Change of Name Liability Bond Rider, include the original bond number, the new name of the principal, the old name, and any relevant identification information, and then have it signed by the principal and any necessary witnesses or notaries.
The purpose of a Change of Name Liability Bond Rider is to ensure that a bond remains enforceable and valid when a party's name changes, maintaining the connection to the original obligations.
The Change of Name Liability Bond Rider must report information including the original bond's number, the new name of the principal, the old name, the effective date of the name change, and signatures from both the principal and the bond issuer.
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