Under ORS 656.552, if the State Accident Insurance Fund Corporation finds it necessary for the protection of the Industrial Accident Fund, it may require any employer insured with the corporation, except a political subdivision of the state, to deposit and keep on deposit with the corporation a sum equal to the premium due on the estimated payroll of the employer for a period not to exceed six months; the corporation may, in its discretion and in lieu of that deposit, accept a bond, letter of credit, or similar instrument to secure payment of premiums to become due. Confirm your required amount with SAIF Corporation.

What the SAIF employer surety bond actually secures

You need this bond if you are

Most SAIF employer surety bonds clear quickly — the soft pull informs your price and approval, and never affects your score. Larger amounts may get a brief underwriter review before your executed bond arrives, ready to file with SAIF.

2% of the bond amount plus a $25 fee, $125 minimum for the Oregon SAIF employer surety bond — security under ORS 656.552 in lieu of a cash premium deposit. Apply today.

SAIF Employer Surety Bond

State Accident Insurance Fund (SAIF) - Employer Bond (INDIVIDUAL)

Final premium can vary based on underwriting factors

How this works?

If you are a non profit select Corporation

All future bond correspondence and renewals will be sent to this address

Clear pricing.Instant issuance.