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ARC Bonds

ARC stands for the Airline Reporting Commission. These bonds are required by travel agencies to ensure that any payments they receive from customers to pay for flights will be passed onto the relevant airline.

The current market

While collateral is generally not necessary for some bonds, this does not apply to ARC bonds. However a qualifying principal – the person applying for the bond – may be able to get their ARC bonds written if they meet the needs of the specific market.

As you would expect you will pay more in premiums than you would for a traditional commercial bond, owing to more claims being made. Be sure to search the market for the best rates you can find.

Does your agency have a special program available for ARC bonds?

No, ARC bond programs are not available at present. Furthermore we do not currently plan to introduce a program of this kind. With this said however we have connections with plenty of bonding companies that take on ARC bonds, which means a program of this nature is not required.

 
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  Fantastic experience. I will use you again next year! Thanks for the quick turn-around, couldn't be happier.

~James H, MI