The Department of Health and Human Services regulates the licensing and professional conduct of pharmaceutical wholesalers. In addition to licensing, you are also required to furnish proof of having obtained a $100,000 surety bond for the benefit of the Department.
Applicants for the $100,000 Nebraska pharmaceutical wholesale distributor bond will need to complete an application which we’ll take from you over the phone.
To qualify for this surety bond through our agency, good credit is required.
As part of the Yes/No section of the application, you’ll be asked:
Upon approval, the premium will just be 1%, or $1000. Once the premium is paid, our agency will have the bond sent to you. Overnight deliver is also available for an additional fee.
Your surety bond is active for one year from the date of issuance. Both your bond and the premium associated with it renew on an annual basis. A current, active surety bond must always be on file with the Department as a continued condition of licensing.
The $100,000 surety bond is required in accordance with 172 NAC 131-002 of the state’s statutes.
The bond is a financial guarantee for the state of Nebraska that any assessed fees, penalties or fines will be paid within 30 days of their ordering.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit surety bonds throughout Nebraska. Our agency also provides surety bonds nationwide.
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