IN wholesale drug distributor bonds.
Flat 3%. Enter your amount.
Indiana requires every wholesale legend drug distributor to post a surety bond of at least $100,000 with the Board of Pharmacy under IC 25-26-14-15. We issue it at a flat 3% of the bond amount — enter the figure your license requires and the premium updates.
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Three steps to filed.
Your Board of Pharmacy license is waiting on this bond. Here's the whole process — no broker phone tag:
Apply online
Your business details, the bond amount your license requires, and the effective date — that is the entire application.
Reviewed & issued
A $100,000 bond is a larger penal sum, so it gets a quick underwriting look rather than instant issue. Most clear fast; an underwriter reaches out within 48 hours only if something is needed.
File with the Board of Pharmacy
Pay online and receive the executed bond, ready to file with your wholesale drug distributor license application or renewal. Wet-ink original mailed on request.
The whole pricing page.
Bond amount × 3% = your premium, one-time per term, $275 minimum. The statutory floor is $100,000, so enter that or the higher figure your license requires.
What it is and who needs it.
What the bond actually guarantees
Indiana licenses wholesale legend drug distributors through the Board of Pharmacy, and conditions the license on a surety bond of at least $100,000 (or an equivalent security the board accepts — insurance, an irrevocable letter of credit, or a trust deposit) under IC 25-26-14-15.
Unlike a consumer-protection bond, this one is narrower: it secures payment of administrative penalties, fees, and costs the board may impose that the distributor fails to pay within thirty days of those amounts becoming final. It is a financial backstop for the board, not a general claims fund for customers.
A single bond or security covers all of a distributor's Indiana locations — the statute does not require a separate bond per facility. The board may make a claim against the bond within one year after the license is no longer valid. We issue the amount your license requires, at a flat 3%.
You need this bond if you are
Five minutes. The whole thing.
These are the actual underwriting fields — no credit-check section on this application. Submit once and your executed bond follows after a quick review.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Indiana wholesale drug distributor bond? +
Do I pay the $100,000? +
What does this bond actually cover? +
Do I need a separate bond for each location? +
Is there a credit check? +
Other New York bonds.
The Board of Pharmacy is waiting on one document.
Flat 3%, five-minute application, executed bond after a quick review. Free until issued.