Tennessee Postsecondary Educational Institutions Bond

This surety bond is required by the Tennessee Higher Education Commission. This bond states that non-exempt postsecondary school or college shall indemnify any student or enrollee or his parent or guardian, or class thereof, determined to have suffered loss or damage as a result of any act or practice which is a violation of Section 49-7-2001, et. seq. The bond is required to be in the amount of $10,000 for in-state institutions and the amount of $20,000 for out-of-state institutions. The cost of this bond is as low as $100 for the $10,000 bond and $200 for the out-of-state $20,000 bond. The premium on this bond is usually as low as 1%.

To Obtain a Tennessee Postsecondary Educational Institutions Bond: 

  1. Complete an online application.
  2. One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
  3. 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.