Under S.C. Code Title 38, Chapter 51, every third party administrator must file and maintain a surety bond in favor of the State with the Department of Insurance. The bond amount must be not less than $75,000 and not more than $500,000, set at the greater of $75,000 or 10% of the total premiums handled in South Carolina for the prior calendar year, with a bond increase rider filed at renewal as volume grows. Confirm your required amount with the Department.

What the TPA bond actually guarantees

You need this bond if you're

Your TPA bond application is in review — most clear within 1–2 business days, and an underwriter reaches out within 48 hours if anything else is needed. Watch your inbox.

1% of the bond amount, $100 minimum — South Carolina's TPA bond under S.C. Code § 38-51-30, filed with the Department of Insurance. Apply now.

Third Party Administrator Bond

South Carolina - Third Party Administrator

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.