CPUAA Offers Contract Postal Units (CPUs) Affordable Solution for Required USPS Surety Bond

BOCA RATON, Fla. - May 9, 2013 - PRLog -- The majority of CPUs are required to independently obtain a surety bond to guarantee the USPS inventory located in their CPU. Pricing on these bonds varies so greatly that CPUs often can save thousands of dollars per year by using an insurer that is more familiar with these specific products. CPUAA has teamed up with Waldorff Insurance & Bonding, Inc. to offer CPUs the best options for obtaining a surety bond.

Waldorff Insurance & Bonding, Inc. is very familiar with the requirements that the USPS has for the surety bond needed by the CPU business owner.  By working with sureties appearing on the Treasury Department’s list of approved sureties as required by the US Postal Service, and comparing different qualified options, premiums can often be as much as 50% less than what other sureties charge. This program can save CPUs thousands of dollars per year!

Surety Bonds available through this program start at a minimum value of $10,000 and have an initial term of 3 years with premium discounts off year 2 and 3.  After the initial 3 years the bond can be renewed on an annual basis. Some states may require a surcharge to bond premiums.

For more information about CPUAA or to learn more about this Program visit http://www.cpuaa.org