This surety bond is required in the amount of $50,000 by the State of Missouri Department of Insurance. The bond ensures that the bond holder will comply with the provisions of the Laws of the State of Missouri and report the complete names and addresses of all insurers and trusts with which the third-party administrator had an agreement during the preceding fiscal years under oath to the Director of Insurance before March 1st of each calendar year. In most cases, the premium on this bond is as little as $500.
To Attain a Missouri 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.