THIRD PARTY ADMINISTRATOR BOND
American Surety Bonds Agency, LLC provides simplified and fast underwriting for Third Party Administrator Bonds.
What is a Third Party Administrator Bond?
A Third Party Administrator Bond is a type of license and permit bond that guarantees that the Principal will handle insurance claims or employee benefit plans in accordance with state law.
Bond amounts, obligations and effective dates for Third Party Administrator Bonds vary by state.
What are the underwriting guidelines?
Third Party Administrator Bonds are underwritten on the following criteria:
- Bond Amount
- Bond Obligation
- Corporate and Personal Credit History
- Corporate and Personal Net Worth
- Length of Time in Business
How much does the bond cost?
American Surety Bonds Agency has a number of programs in place for Third Party Administrator Bonds. Our 5 tiered programs start at less than 1% of the bond amount with competitive rates for all applicants.
Contact us today to find out which program you qualify for.
How do I apply for a Third Party Administrator Bond?
To apply for a Third Party Administrator Bond, simply complete the bond application. Click here to download application our application and e-mail, fax or mail your application back to us to get started. Or, give us a call and we will be happy to get you started.
Apply today, Approved Today!
Who can I contact for more information?
MM, Senior Underwriter
Are there any other bonds I might need?