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Alaska fish buyer & processor bonds.
From $100.

Alaska's fish processor and primary fish buyer bond protects the people who deliver fish — fishermen, crew, and raw-fish transporters — if a buyer or processor fails to pay them. Required under AS 44.25, sized to your operation. The premium is 2% of the bond amount, $100 minimum, and no credit check up to $10,000.

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A performance bond protecting fishermen and crew under AS 44.25
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Required of fish processors and primary fish buyers as a condition of doing business
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No credit check up to $10,000 — above that, a soft pull at most, which never affects your score
2% rate$100 minimumExactprice at the applicationNo credit check up to $10,000above that, a soft pull at most, never a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does an Alaska fish buyer & processor bond cost?

2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue for the standard fish buyer bond — enter your amount, pay, and file. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount the state required, and the effective date — that is the application.

INSTANTLY

Issued on the spot

No credit check up to $10,000, so most bonds generate the moment you pay.

SAME DAY

File with the Department of Revenue

Submit the executed bond as the performance security for your fish-buying or processing operation. Wet-ink originals mailed whenever the state insists.

About this bond

What it is and who needs it.

What the fish buyer bond covers

Alaska runs a bond program for fish processors and primary fish buyers under AS 44.25, administered by the Department of Revenue. Unlike the tax bond, this is a performance bond protecting the people who deliver fish — fishermen, crew members, and contracted raw-fish transporters who are owed payment.

If a processor or primary fish buyer fails to pay for fish purchased, the unpaid fisherman, crew member, or transporter can recover against the bond. That makes the bond a financial backstop for the catch, not the tax — and it is sized to the scale of your buying or processing operation.

The commissioner can waive the bond for a buyer or processor that has more than $10,000 in lienable Alaska real property, is not required to post more than $10,000, and has had no final judgment entered against its bond in the prior five years. We issue the amount that applies, from $100 — no credit check up to $10,000.

AS 44.25 (Bond Program for Fish Processors and Primary Fish Buyers)Alaska's bond program for fish processors and primary fish buyers (AS 44.25, with definitions at AS 44.25.048) requires a performance bond protecting fishermen, crew, and contracted raw-fish transporters against nonpayment. The commissioner shall waive the bond if the business has more than $10,000 in lienable Alaska real property, is not required to post a bond over $10,000, and has had no final judgment against its bond in the preceding five years. Confirm your required amount with the Department of Revenue.

You need this bond if you are

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A primary fish buyer purchasing fish directly from fishermen in Alaska
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A fish processor required to post performance security under the program
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A shore-based or floating operation that buys catch and owes fishermen and crew
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Reinstating after a judgment that reset your bond requirement
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with the Department of Revenue. Submit the executed bond as the performance security for your fish-buying or processing operation. Wet-ink originals mailed whenever the state insists.

What sets the price

The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

No credit check up to $10,000. Above that, the carrier may run a soft pull, which never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued on the spot.

Submit the application with the bond amount the state required — the executed bond is generated instantly, ready to file.

Start the application →
FAQ

Common questions.

What does the Alaska fish buyer bond protect?It protects fishermen, crew members, and contracted raw-fish transporters against nonpayment. If a processor or primary fish buyer fails to pay for fish, the unpaid party can recover against the bond — it is a performance bond, separate from the fisheries business tax bond.
How much is it?The premium is 2% of the bond amount, $100 minimum. The bond amount itself is set by the Department of Revenue and keyed to your operation — your exact price appears at the application, before you pay.
Can the bond be waived?Yes. The commissioner waives it for a buyer or processor with more than $10,000 in lienable Alaska real property, no requirement to post over $10,000, and no final judgment against its bond in the prior five years.
Is there a credit check?No credit check up to $10,000. Above that, the carrier may run a soft pull, which never affects your score. Most fish buyer bonds issue instantly.
Is this the same as the fisheries business tax bond?No. The tax bond (AS 43.75) secures the tax you owe the state. This one (AS 44.25) protects fishermen and crew from nonpayment. Some operations need both — send us your notices and we will confirm which applies.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

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Price and requirements checked on the carrier’s application, . Page updated .

Fish buyer bond, issued today.

From $100, with your exact price at the application. Enter the amount the state required and file the same day.

Your premiumfrom $100
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