Missouri third party administrator bonds.
$500 flat.
Missouri requires a licensed third party administrator to file a fixed $50,000 surety bond with the Department of Commerce & Insurance under §376.1092 RSMo. Ours is $500 flat — the same price for every administrator, issued instantly. The bond issues the moment you pay — no credit check.
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How much does a Missouri third party administrator bond cost?
$500 at the $50,000 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 Department
Your executed bond and power of attorney arrive by email, ready to file with your Department of Commerce & Insurance 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 settles claims on behalf of insurers — handling other people's money in the insurance system. Missouri conditions a TPA license on a $50,000 surety bond so the state and the insurers you serve have a financial backstop that you'll follow Missouri's TPA laws.
It's a three-party arrangement: you (the principal), the surety carrier, and the Director of the Department of Commerce & Insurance (the obligee). If an administrator violates the TPA statutes or mishandles funds, a harmed party can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Note one wrinkle: a TPA that is an affiliate or subsidiary of an insurer licensed in Missouri may be exempt from filing if the Director is satisfied with that insurer's financial condition. If that's you, confirm with the Department before buying.
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 Department. Your executed bond and power of attorney arrive by email, ready to file with your Department of Commerce & Insurance license application or renewal. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $500 at the $50,000 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 Missouri 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.
$500 flat, no credit check, bond often issued in the same sitting. Free until issued.