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Indiana Discount Medical Program Organization Bond

The Indiana discount medical program organization bond costs you just $350.00 annually. Please call AmeriPro Surety Bonds today at 844-589-9732.

Indiana Discount Medical Program Organization Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Department of Insurance

 

 

 

The Indiana Department of Insurance is the obligee (that is, they are the entity requiring the surety bond) for licensed discount medical programs.

Our agency offers streamlined processing for this surety bond and 3 different surety bond terms.

 

 

 

The Surety Bond’s Amount and Qualifying

 

 

 

The Indiana discount medical program organization bond is a $35,000 surety required by the Department of Insurance.

Qualifying for this bond is easy; there is no credit inquiry. You will merely be requested to do the following:

Once a surety bond application is completed (which can be done all at once time with an agent), and the premium is paid, the bond is issued to you immediately.

 

 

 

Premium:

 

 

 

This surety bond is typically active for one year from the date of issuance.

However, our agency also offers several payment options for your Indiana discount medical program organization bond. Prepaying this bond offers a significant savings over year-to-year renewals.

The premium breakdown and terms are as follows:

  • For one year, this surety bond is $350;
  • If prepaid for two years, the bond is $630;
  • If prepaid for 3 years, this surety bond costs just $910.

 

 

The Purpose

 

 

 

The Indiana discount medical program organization surety bond is a financial guarantee that ensures your compliance with all laws and regulations which govern your profession.

More specifically, this surety bond ensures that you will fulfill all obligations to insurers and self-insurers, and that, moreover, you will pay all insurers and self-insures any amounts owed.

As principal of this surety bond, you agree that you will indemnify the surety for any costs and claims paid against your bond; except that, the amount, excluding attorney fees and other costs, will not exceed the amount of this bond.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, and fiduciary surety bonds throughout Indiana.

Please call our agency today at:

 

 

 

844-589-9732

 

 

 

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

 

 

Apply Today!

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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.

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