This surety bond is required by the Illinois Department of Financial and Professional Regulation, Division of Insurance. The bond states that that the administrator will make a full accounting and due payment to the person or company entitled thereto of funds coming into his possession as an incident to Third Party Administrator transactions and shall comply with all the provisions of Section 511.104 of the IL Insurance Code. The required bond amount varies, but regardless of the amount your bond needs, Surety1 can provide it quickly and at the most competitive price.
To Get an Illinois Third Party Administrator Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.