Mississippi unemployment fund bonds.
From $100.
The Mississippi Department of Employment Security can require a reimbursing employer to post a bond securing the unemployment benefit costs it owes the trust fund. MDES sets the amount on your notice, and pricing starts from $100.
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How much does a Mississippi unemployment fund bond cost?
2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
Enter the amount MDES set, consent to a soft credit pull, and file. Here's the whole thing:
Apply online
Your business details, the bond amount MDES required, the effective date, and a one-time consent to a soft credit pull — that is the application.
Approved
Most are approved as soon as you apply. One soft credit pull, never a hard inquiry, and it never affects your score. If it needs a second look, one to two business days at most.
File with MDES
Receive the executed bond ready to file with the Department of Employment Security. Wet-ink originals mailed whenever the department insists.
What it is and who needs it.
What the unemployment fund bond actually covers
Most Mississippi employers pay unemployment taxes (contributions) into the state trust fund. But certain employers — typically nonprofits and government entities — can elect to be reimbursing employers instead, repaying the fund dollar-for-dollar for benefits actually paid to their former workers. The Mississippi Department of Employment Security can require those employers to post security.
The bond secures the reimbursable benefit amounts you owe the trust fund. It's a financial backstop: if a reimbursing employer fails to repay the benefits charged to its account, MDES can recover against the bond so the fund isn't left short.
It's a three-party arrangement: you (the principal), the surety carrier, and MDES (the obligee). The amount is set by MDES based on your benefit exposure — and if the surety pays a claim, you repay the surety. Enter the amount required and pricing starts from $100, with a quick soft credit check that never affects your score.
You need this bond if you are
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 MDES. Receive the executed bond ready to file with the Department of Employment Security. Wet-ink originals mailed whenever the department 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.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, one soft pull.
Submit the application with the bond amount MDES set and a one-time consent to a soft credit pull — your bond is issued when you pay.
Start the application →Common questions.
Other Mississippi bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Unemployment fund bond, issued today.
Pricing from $100, soft pull only. Enter the amount MDES set and file the same day.