How much protection does the grain buyer s bond offer?
The maximum bond is $50,000 and is intended to cover only a few days of purchases by the grain buyer. That s why it is important to contact us, and if necessary, file a claim as quickly as possible. That way you stand a better chance of getting what you re due. The more time passes before we are notified or before a claim is filed, the greater the potential for more unpaid sales and more claimants. That means the amount of the bond may cover only a portion of what you are owed.
