If my bond is discharged, will I get a return premium?

The first year’s premium is fully-earned upon issuance. Any premiums paid for subsequent years will be returned pro-rata to the date of discharge. To obtain this return, you must complete your fiduciary duties, secure a court-issued Final Discharge order, and provide it to the bond issuer. Promptly completing these steps minimizes additional premium costs, as the bond continues to renew and accrue premiums annually until officially exonerated or discharged by the court.