The Wisconsin Private School Bond is required by the Wisconsin Educational Approval Board in compliance with s.38.50 of the Wisconsin Statutes. A school must provide a surety bond, on a form specified by the board, in the amount of $25,000 or 125% of unearned tuition that the school holds at any one time. This bond is used for private schools that have been granted approval to do business as a Private School pursuant to s.38.50 of the Wisconsin Statutes. The required bond amount varies. In most cases, the premium on this bond is as low as 1%.
To Obtain a Wisconsin Private School 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.