1 (844) 589-9732

Georgia Pharmacy Benefits Manager Bond

The Georgia pharmacy benefits manager bond is a $100,000 surety bond required by the Commissioner of Insurance. This diagram is from Investopedia . Please call AmeriPro Surety Bonds today!

Georgia Pharmacy Benefits Manager Bond |

AmeriPro Surety Bonds | 844-589-9732




Commissioner of Insurance




As part of the licensing process, the Georgia Office of Commissioner of Insurance requires pharmacy benefits mangers to obtain and maintain a continuous $100,000 surety bond as a condition for licensing with the Office.

AmeriPro Surety Bonds offers you the surety bond for filing with the Commissioner.




Georgia Pharmacy Benefits Manager Bond: Its Purpose




The purpose of the Georgia pharmacy benefits manager bond is a financial guarantee which ensures your compliance with all rules, statutes, regulations, and amendments involved in your profession.

As stated under Rule 120-2-97-04, this surety bond specifically protects against acts of fraud, theft, or criminal malfeasance and the protection of all money coming into the possession of a licensed pharmacy benefits manager.

The bond’s existence allows those who can credibly demonstrate financial loss to file against the surety bond and recoup those losses. In no cases, however, will the bond pay out more than its total face amount.

As owner of the surety bond (the principal) you are ultimately financially responsible to reimburse the surety for any fees paid against your bond.

Whereas this surety bond is for the protection of the state of Georgia, the additionally required E&O insurance policy is required for your benefit. AmeriPro Surety Bonds only offers surety bonding.




Georgia Pharmacy Benefits Manger Bond: The Premium and Bond Term




The premium for this bond represents the price that you will pay for its issuance.

Both an application and a credit check are part of the surety bonding pricing.

As preparation for the application, because of this bond’s large size, you may be expected to be asked about:

  • Whether you have any lawsuits or unsatisfied judgments;
  • Whether a surety bond has been previously canceled;
  • Whether or not you have any outstanding tax liens, or collection items;
  • Whether or not you have previously declared bankruptcy (an applicant in current bankruptcy will likely be denied bonding)

Our agency encourage candor in your response. We are here to help and work for you; and with the possible exception of a current bankruptcy, none of these answers is of themselves, automatically disqualifying.

Applicants with very good credit may pay as little as 1.5% annually; however, the amount that you will be required to pay will depend on both the application and credit scoring.

Once issued, the bond is active for one year from the date of issuance.

By statute, proof of continuous surety bond coverage must be provided to the Commissioner as a condition of licensing.




About Us




AmeriPro Surety Bonds is a surety bonds-only agency which in addition to the Georgia pharmacy benefits manager bond, also provides license and permit, court, contractor, and fiduciary bonds throughout Georgia.

Please call us today and we’ll work with you to get you bonded soon!








Or, you may fill out our contact form below and an agent will call you…


Request a Callback

  • MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your surety bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.

AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

apply today

recent news

Lost Cashier’s Check Bond | Lost Instrument Bond

If you’ve lost a cashier’s check or money order, to replace it, the banking institution will require that a “Lost Instrument bond” be purchased in order to re-issue it. Learn how to quickly purchase this bond with AmeriPro Surety Bonds.

Mortgage Broker Bond

A mortgage broker bond is a license and permit bond which states require to become properly licensed and which is also required to protect the public from wrongful acts committed by a mortgage broker.

Notary Public Bond California

A notary bond, also known as a notary public bond, is a bond that is required by the state of California to engage in the business of witnessing signatures on documents. 

Connecticut Professional Conservator Bond

Connecticut Professional Conservator Bond | AmeriPro Surety Bonds | 844-589-9732   Surety Bond; Amount and Purpose   The state of Connecticut offers a professional conservator probate program which pays a monthly fee to the appointed conservator on behalf of...

Ginnie Mae Lost Instrument Bond

Ginnie Mae Lost Instrument Bond | AmeriPro Surety Bonds | 844-589-9732 Surety Bond; Amount and Purpose   A Ginnie Mae lost instrument bond, formally known as a Lost Instrument Bond with Limited Liability, is required by this federal agency when a property ---...

West Virginia Attachment Bond

West Virginia Attachment Bond | AmeriPro Surety Bonds | 844-589-9732   Surety Bond; Amount and Purpose   An attachment order allows a Plaintiff, prejudgment, in a civil case, to seize and take possession of the disputed property held by a Defendant. A...

contact us

Office: 1 (844) 589-9732

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)