TRG Customs Bond Renewal

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Please call your Client Loyalty Advocate:

Call:	(406) 922-6533
Email:	Kimberly.Rush@TradeRiskGuaranty.com

Trade Risk Guaranty

3701 Trakker Trail Suite 1B, #65

Bozeman, MT 59718

PH: 406-922-6500

FX: 406-922-6501

Monday - Friday

8 AM - 4:30 PM Mountain Time

Company Info

Principal	MARLOW INDUSTRIES INC
EIN	75-140525900
Bond Number	20C0003XX
Bond Type	Importer Bond
Bond Amount	$50,000.00

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Congratulations! You have been approved for our expedited Customs bond renewal program. We appreciate your business and loyalty.

You will only need to confirm basic company information, choose a pricing option, print your invoice and pay online via Pay by Bank Account or Credit Card or receive instructions to pay by check.

The continuous bond for MARLOW INDUSTRIES INC will remain on file until terminated, it is now time to submit payment for the next billing cycle with TRG Bond™. TRG Bond™ uses the term renewal to refer to our agency billing cycle and offers Clients access to a multi-year (1, 2, 3 and 5 year) pricing structure.

Please make any necessary edits to the company information below:

Company Name

Physical Address

Mailing Address

Renewal Contact Name

Renewal Contact Title

Renewal Email

Renewal Phone

Please update your company's Importing and Underwriting information

Is your company growing or has there been a shift in your importing volume or frequency? These things could affect your importing and cause Customs to surprise you with an increase letter.

Is the Principal required to pay anti-dumping duty or countervailing duty?

Yes

Does the Principal import goods subject to FDA or any Other Government Agency regulations?

Yes

Has the Principal or any of its officers ever filed any form of bankruptcy?

Yes

Please read and agree to the Bond Sufficiency Notice:

Your current bond amount is $50,000.00. A $50,000.00 bond is sufficient for importers who pay less than $500,000.00 in duties and taxes during any 365 consecutive day period. TRG monitors the sufficiency of your bond based on historical duty volume, but we do not have insight into the duty volume you anticipate in the future.

As of 10/11/2024, your 365 day TRG Sufficiency Quotient was 5.39% (based on data provided by CBP daily). This number changes daily based on a 365 day lookback period. If you believe that your duty volume in the next annual bond period will be greater than the current bond period ending 2/8/2024 please consider how this will affect the sufficiency of the current bond.

Please call us to discuss any significant changes you anticipate. Our experienced professionals will be happy to provide you with the help you understand your options.

I have read the bond sufficiency notice

Please read and agree to the General Agreement of Indemnity to continue

WHEREAS, The Hanover Insurance Company and/or Massachusetts Bay Insurance Company, its heirs and assigns, (hereinafter called the Company), at the special instance and request of the Undersigned and because of the promise of the Undersigned to execute this indemnity agreement, has assumed or may in the future assume suretyship on bonds, or other obligations.
                        NOW, THEREFORE, in consideration of the Company executing any of said bonds, the Undersigned jointly and severally hereby agrees:
                        1) to pay the usual premiums , including continuations and/or renewals;
                        2) to completely INDEMNIFY the Company from and against any liability, loss, costs, attorney’s fees, and expenses whatsoever which the Company shall at any time sustain as surety on any of said bonds, or for the enforcement of this agreement;
                        3) that the Company shall, without notice, have the right to amend the penalty terms and conditions of any bond issued for the Undersigned and this agreement shall apply to any such amended bond;
                        4) that the Company shall have the right to adjust, settle or compromise any claim, demand, suit or judgment upon said bonds and its decision in good faith to make any payment shall be final and conclusive as to the fact and extent of the liability of the Undersigned;
                        5) upon demand by the Company, to deposit funds as soon as the Company has determined that liability exists under any bond written for the Undersigned, regardless of whether a payment has been issued or reserve booked. Payment shall be made by the Undersigned within 15 days.
                        6) the Undersigned hereby expressly authorize the Company, in its discretion, to access their credit reports or records and to make such pertinent inquiries as may be necessary from third party sources.
                        7) this agreement may be terminated as to subsequent liability, upon written notice to the Company and with written confirmation from the Company stating when such termination will take effect.
                        8) this document can be executed separately by the various signatories, and can be executed before, on or after the effective date of this agreement. A facsimile or copy of the executed document shall be as enforceable as if it were the original.
                        Note: Collateral may be required for certain bonds.
                        Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance containing false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime.

I have read and agree to the General Agreement of Indemnity

Trade Risk Guaranty is an industry’s expert in U.S. importing solutions located in Bozeman Montana 59718

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