LA TPA bonds ($50,000).
$1,500. Five minutes.

A Louisiana third party administrator files a surety bond with the Department of Insurance as its financial guarantee to the Commissioner. For a $50,000 bond, ours is $1,500 flat — 3% of the bond amount. The application is five minutes, with no credit check on this bond.

Filed with the Louisiana Department of Insurance as your TPA financial guarantee to the Commissioner
Fixed amount, fixed price — $50,000 bond, $1,500, no quote process
Multi-year terms available — set it up once, forget it for up to 3 years
A-ratedA.M. Best carriersFastoften same purchase1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · 5 MINUTES

Apply online

Business details and an effective date. That's the application — no credit check section on this bond.

MINUTES, USUALLY

Pay & e-sign

Bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with the Department of Insurance

Your executed bond and power of attorney arrive by email, ready to file with your TPA license application or renewal. Wet-ink original mailed on request.

The whole pricing page.

$50,000 bond × 3% = $1,500, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$1,500
2-year term
$3,000
3-year term
$4,500
About this bond

What it is and who needs it.

What the TPA bond actually guarantees

A third party administrator collects premiums, adjusts claims, or otherwise administers insurance business on behalf of insurers. Louisiana licenses TPAs through the Department of Insurance under the third-party-administrator provisions of the Insurance Code (Title 22), and conditions the license on a surety bond filed with the Commissioner.

The bond is the administrator's financial guarantee to the Commissioner of Insurance that it will discharge and perform its duties under Titles 22 and 23 and all other applicable laws. If a TPA fails to account for funds it handles or otherwise breaches those obligations, the bond stands behind the loss.

It is not insurance for you — if the surety pays a claim, you repay the surety. The Department sets which bond amount applies; this page is the $50,000 filing. If your instructions call for $100,000, use that page instead — we'll point you to it.

La. R.S. 22, TPA provisions (Title 22)Louisiana's third-party-administrator provisions in the Insurance Code (Title 22; the TPA bond was historically cited as R.S. 22:3041 and is now within the renumbered TPA chapter) require a TPA to file a surety bond with the Department of Insurance as its financial guarantee to the Commissioner, conditioned on performance of its duties under Titles 22 and 23. The Department sets the required amount — confirm whether the $50,000 or $100,000 bond applies to your filing.

You need this bond if you're

Applying for a Louisiana TPA license — the bond is filed with your application
Renewing a TPA license and your bond is expiring or your surety non-renewed
A limited-scope administrator the Department allows to file at the $50,000 level
Entering Louisiana as an administrator licensed in another state

Five minutes. The whole thing.

These are the actual issuing fields — no credit check section, because this bond doesn't have one.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the $50,000 Louisiana TPA bond? +
The premium is $1,500 — a flat 3% of the $50,000 bond amount, the same for every administrator filing at this level. The $50,000 is set by your Department of Insurance filing, so there is no quote process.
Do I pay the $50,000? +
No. You pay $1,500. The $50,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
Is it $50,000 or $100,000 for me? +
The Department of Insurance sets the amount. Some administrators file at $50,000 and others at $100,000 depending on scope. Check your licensing instructions — and if you need the $100,000 version, we have a page for that too.
Is there a credit check? +
Not on this bond — the application has no credit section at all. The $50,000 fixed-amount TPA bond doesn't need one.
When does it renew? +
The bond must stay active for as long as you hold the TPA license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your license never lapses over a missed email.
Related bonds

Other New York bonds.

Finish your TPA filing today.

$1,500 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$1,500
Apply now →