This surety bond is required by the State of Maine, Bureau of Insurance, under MRSA Title 24-A, Section 1904. The bond ensures that the bond holder will comply with the laws of the State of Maine pertaining to Third Party Administrators by the full accounting and due payment, to the person entitled thereto, of any funds coming into possession. The required bond amount varies, but Surety1 can provide this bond at a competitive price regardless of the bond amount you need.
To Secure a Maine 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.