Mail Bonds

Mail Bonds  

Overview

This Mail Bonds policy protects broker-dealers against “risk of direct physical loss” of securities or other covered property while being shipped by First-Class Mail, Registered Mail and United States Postal Service Express Mail. The Mail Bonds policy offers considerably higher limits than insurance offered by the U.S. Postal Service. This policy also covers express shipments made through private carriers such as Federal Express.

Mail Bonds are intended primarily for financial and fiduciary institutions such as banks, trust companies, broker-dealers, insurance companies and other persons or corporations whose business is primarily fiduciary in nature. Corporations that act as their own security transfer agents or registrars may also purchase such coverage.
To Apply

Please download the application below or call 1-800-978-6273 to speak with a Client Representative.

TELL ME MORE

We listened to broker-dealer firms express their needs and concerns regarding the security of their shipments and what they’d like to see from a Mail Bonds policy. Two major issues surfaced time after time:

  1. Assurance that all sources of shipping, including transfer agents and independent contractors, would be covered, and
  2. No reporting, auditing or back billing of shipments would be required.


In response to these demands, Association Member Benefits Advisors is proud to present a Mail Bonds Program that meets these needs.


Easy to access and very affordable, the Mail Bonds policy provides comprehensive coverage for:

  • Registered Mail
  • First-Class Mail
  • Carrier-for-hire*
  • Incoming Shipments


*Coverage does not apply to armored car service.

 

FAQs

Answers about the plan, including eligibility, options, enrollment, customer service and more.

Contact Us

We're here to help! Please contact us in whatever manner is most convenient for you.

 Regular Mailing Address
Attn: Fidelity Bonds,
Association Member Benefits Advisors,
PO BOX 850293,
MINNEAPOLIS, MN 55485-0293
 Overnight Mailing Address
Attn: Lockbox Services #0310293,
Association Member Benefits Advisors,
1801 Parkview Dr. 1st Floor,
Shoreview, MN 55126
 Phone
1-800-978-6273
 Hours
M-F 8a-4:30p (CT)
 Fax
515-365-3005
 Email
plsdsteam.service@mercer.com