Superseded Suretyship Rider


Definition of "Superseded suretyship rider"

Endorsement to a fidelity bond or surety bond to cover losses that occurred after lapse of the discovery period of the previous bond. Coverage is limited to the amount provided by the previous bond.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Financed Premium

Premiums paid with funds that are not borrowed from life insurance. It is important to ascertain the ...

Savings Element

Cash value of life insurance that accumulates according to a table in a policy. It reflects premiums ...

Selling Agents

Coverage that provides for the indemnification of a salesperson for the amount of his or her lost co ...

Assignment Of Proceeds

Agreement to transfer funds to a third party. ...

A Priori

(1) Impact of a cause (reason) on something. (2) Theoretical base rather than actual experience. ...

Purchasing Power Risk

Risk resulting from possible increases or decreases in price levels that can substantially impact re ...

Related Real Estate FAQ

What Is An Appreciation?

Changes in the market conditions, or improvements to the property that increase the value of the pro ...

What Is A Treasury Index?

A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mor ...

What Will My ARM Loan Payment Be ?

RealEstateAgent.com calculator will compute your initial payments and estimate your future payments. ...

What Do I Need To Know About Whole Life Insurance?

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

What Is Earnest Money?

Earnest money is a deposit you make when you make an offer on a house. ...

How Much Life Insurance Do I Need?

Every person has a different idea of what financial security means. If so, should happen to you, how ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

How To Choose A Realtor When to buy a house Short Sale Homes Should you Buy a Home with Cash? Why Right Now is a Good Time for Millennials to Buy a Home

FAQ

What are closing costs? What do I need to know about RV Insurance? What do I need to know about Term Life Insurance? What if they no longer make my specific computer? What is title insurance?