Wisconsin Rx wholesale distributor bonds, corporation.
$100 flat.
Wisconsin licenses prescription-drug wholesale distributors through the Department of Safety and Professional Services and conditions the license on a $5,000 surety bond. Our carrier's rate book prices this bond at a flat $100 — the price you see is the checkout price. The bond issues the moment you pay — no credit check.
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How much does a Wisconsin Rx wholesale distributor bond cost?
$100 at the $5,000 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
Fixed-amount license bonds like this are among the thousands that issue right after purchase.
File with DSPS
Your executed bond arrives by email on the format DSPS accepts (form fm2819), ready to file with your wholesale distributor license application. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Wisconsin licenses prescription-drug wholesale distributors through the Department of Safety and Professional Services (under the Pharmacy Examining Board's rules). The license is conditioned on a $5,000 surety bond — or an irrevocable letter of credit — from a company authorized to do business in Wisconsin.
The bond is a state-reimbursement guarantee: it's conditioned so the state is fully compensated for fees or costs tied to the license that go unpaid for more than 30 days after they become final. The state is the protected party; you (the principal) and the surety stand behind the obligation.
The bond runs for the life of your unexpired license (or until the surety terminates), and a claim can be made up to one year after the license expires or the bond terminates. If the surety pays, you repay the surety — it is not insurance for you.
You need this bond if you're
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 $5,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The term is set on the carrier’s application; the premium covers the period shown there.
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 DSPS. Your executed bond arrives by email on the format DSPS accepts (form fm2819), ready to file with your wholesale distributor license application. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $100 at the $5,000 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 Wisconsin bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
DSPS is waiting on one document.
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.