Arkansas third party administrator bonds.
$250 flat.
Arkansas requires every third party administrator to file a $25,000 surety bond with the Arkansas Insurance Department — ours is $250 flat, and the price you see is the checkout price. The bond issues the moment you pay — no credit check.
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How much does an Arkansas third party administrator bond cost?
$250 at the $25,000 amount, the same for every applicant.
Three steps. One sitting.
License bonds are the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. That is the application. No credit check.
Pay & e-sign
License bonds like this are among the thousands of bond types that issue right after purchase.
File with the Insurance Department
Your executed bond on Form AID-LI-TPA-BOND and the power of attorney arrive by email, ready to file with your TPA license application or renewal. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
A third party administrator collects premiums or adjusts and settles claims on behalf of insurers or self-insured plans. Arkansas conditions the TPA license on a $25,000 surety bond filed with the Arkansas Insurance Department, as a financial backstop for the funds the administrator handles.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Arkansas through the Insurance Commissioner (the obligee). Under the bond, the administrator agrees to perform all legal steps required to qualify as a TPA and to comply with the Arkansas Insurance Code; if it fails to, a harmed party can recover against the bond.
The bond must stay active for the life of your license. Let it lapse and your TPA license can be affected — so we track it and notify you 60 and 30 days out, keeping your $25,000 filing continuous.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A court bond answers to the court and the party its order protects: if the judgment or order the bond secures is not satisfied, that party can claim against it, up to the penal sum the court set.
The surety pays a valid claim after the court rules, and you repay the surety. A court 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; a longer term is the same price per year, chosen at checkout.
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 Insurance Department. Your executed bond on Form AID-LI-TPA-BOND and the power of attorney arrive by email, ready to file with your TPA license application or renewal. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $250 at the $25,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields. No credit check.
Start the application →Common questions.
Other Arkansas bonds.
The same bond in nearby states.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your TPA license checklist today.
$250 flat, no credit check, bond often issued in the same sitting. Free until issued.