SAIF employer bonds (Corp/LLC).
Flat 3%. Enter your amount.
When SAIF writes your workers' comp coverage, it can require a premium deposit — and under ORS 656.552, SAIF may accept a surety bond instead of tying up that cash. This is the version for a corporation or LLC. We issue it at a flat 3% with a soft credit pull only.
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Apply to filed in one sitting.
Enter your amount, consent to a soft pull, and file with SAIF. Here is the whole thing:
Apply online
Your corporation or LLC details, the bond amount SAIF set, and the effective date. The only extra step is a one-time consent to a soft credit pull.
Reviewed & approved
Most clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The soft pull never affects your score.
File with SAIF
Your executed bond arrives by email, ready to file with SAIF in lieu of your premium deposit. Wet-ink originals mailed when SAIF insists.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the deposit figure SAIF set and the premium updates.
What it is and who needs it.
What the SAIF employer bond actually covers
SAIF is Oregon's state-chartered workers' compensation insurer. When SAIF covers an employer, it may require a premium deposit — a sum roughly equal to the premium that would be outstanding if coverage were cancelled, often up to about six months of premium.
Under ORS 656.552(2), SAIF may, in its discretion, accept a surety bond, letter of credit, or similar instrument in place of that cash deposit. The bond lets a corporation or LLC keep its cash working instead of parking it with SAIF, while still guaranteeing the premium SAIF is owed.
If the employer fails to pay premium owed, SAIF can recover against the bond up to its penal sum — and if the surety pays, the employer repays the surety. This page is the corporation/LLC version; partnerships use a separate form. We issue the amount SAIF set at a flat 3% with a soft credit pull only.
You need this bond if you are
Five minutes. The whole thing.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. This is the corporation/LLC form — partnerships use the separate SAIF partnership bond.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the SAIF employer bond? +
Why would I post a bond instead of a deposit? +
Is this the right SAIF bond for my business? +
Is there a credit check? +
What does SAIF recover against the bond for? +
Other New York bonds.
SAIF bond, issued today.
Five-minute application, flat 3%, $275 minimum. Enter the deposit amount SAIF set and file the same day.