Washington discount plan bonds.
From $350.
A licensed discount plan organization in Washington must continuously maintain a surety bond with the Office of the Insurance Commissioner under RCW 48.155.040, not less than $35,000. Pricing is 1% of your bond amount — $350 at the $35,000 statutory minimum — enter the required amount to see your exact price.
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How much does a Washington discount plan bond cost?
1% of the bond amount, from $350 at the $35,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard discount plan bond — enter your amount, pay, and file with the Commissioner. Here is the whole thing:
Apply online
Your organization details, the bond amount, and the effective date — that is the application.
Issued on the spot
Most applications approve instantly, and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review, and
File with the Insurance Commissioner
Submit the executed bond with your discount plan organization registration. Wet-ink originals mailed whenever the office insists on them.
What it is and who needs it.
What the discount plan bond actually covers
Washington regulates health care discount plan organizations — companies that sell access to discounts on medical, dental, or similar services — under the Health Care Discount Plan Organization Act (chapter 48.155 RCW), administered by the Office of the Insurance Commissioner.
Under RCW 48.155.040, each licensed organization must continuously maintain a surety bond in its own name, not less than $35,000, used at the Commissioner's discretion to protect the financial interest of Washington members.
The bond is a consumer-protection guarantee for members who paid for a discount plan. As an alternative, an organization may deposit acceptable security in trust with the Commissioner in lieu of a bond. Enter the amount that applies to start the application; pricing starts from $350, and no credit check up to $25,000.
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 the Insurance Commissioner. Submit the executed bond with your discount plan organization registration. Wet-ink originals mailed whenever the office insists on them.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $25,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with your required bond amount — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other Washington bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Discount plan bond, issued today.
Pricing from $350. Enter your bond amount and file the same day.