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Illinois bonds

Aurora, IL — Raffle Manager Fidelity Bond

If Aurora asks for a fidelity bond for your raffle manager, start with the organization's application and prize details. This listing lets you apply through Propeller for the bond tied to that named manager.

Continue to our secure checkout partner, Propeller (opens in a new tab).

How a fidelity bond works

Fidelity protection responds to covered dishonest acts. The form identifies whose money or property is protected, the covered persons, and the applicable limits.

Bond family
Fidelity bond
Recorded state
Illinois
Bond type
Employee Dishonesty & Fidelity Bond
Category
Fidelity & employee dishonesty

What this bond does

Aurora's raffle guidance calls for protection against dishonesty or theft and describes a fidelity bond conditioned on the manager's honesty in performing raffle duties.

Who needs it
The applicant organization arranging a bond for its designated raffle manager should have both the organization's legal name and the manager's details ready.
Who is protected
The fidelity bond is in favor of the organization or applicant. It addresses the manager's honesty under the bond's terms, rather than protecting the manager's personal property.

Your bond option

This is the option on record for this bond.

The coverage amount describes a limit of protection, not the price. Match the requested protection and covered persons to the actual fidelity form. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Use the prize value to check the city's request

Aurora ties its fidelity-bond or corporate-surety requirements to the anticipated aggregate retail value of the prizes. Its guidance also describes a limited waiver process. Have the city confirm the protection and amount needed for your raffle, especially at a threshold between requirements.

Once you have the request, select Purchase Now to open Propeller in a new tab. Check the named organization, manager, amount and dates in the application. After issuance, include the required bond evidence with the city's raffle application; the bond does not itself grant the permit.

Sources

Have these ready

  1. Gather the organization's legal name, address and designated manager's details.
  2. Have the prize list, aggregate retail value, raffle dates and current city application ready.
  3. Bring the city's bond or corporate-surety instructions and any approved waiver documentation.

Questions about this bond

Who benefits from this fidelity bond?

Aurora describes the fidelity bond as being in favor of the organization or applicant and conditioned on the raffle manager's honesty.

Does every raffle need the same bond?

No. The city's guidance distinguishes requirements using prize value and describes a waiver process. Match its current instructions to your raffle.

Can I run the raffle once I apply for the bond?

The bond application is separate from the city permit. Complete Aurora's permit process and follow its instructions for submitting bond evidence.

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