Arkansas requires every third party administrator to file a $25,000 surety bond with the Arkansas Insurance Department — ours is $250 flat, and the price you see is the checkout price. The bond issues the moment you pay — no credit review of any kind, not even a soft pull.
















License bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit section, no follow-up scavenger hunt.
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond on Form AID-LI-TPA-BOND and the power of attorney arrive by email, ready to file with your TPA license application or renewal. Wet-ink original mailed on request.
A third party administrator collects premiums or adjusts and settles claims on behalf of insurers or self-insured plans. Arkansas conditions the TPA license on a $25,000 surety bond filed with the Arkansas Insurance Department, as a financial backstop for the funds the administrator handles.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Arkansas through the Insurance Commissioner (the obligee). Under the bond, the administrator agrees to perform all legal steps required to qualify as a TPA and to comply with the Arkansas Insurance Code; if it fails to, a harmed party can recover against the bond.
The bond must stay active for the life of your license. Let it lapse and your TPA license can be affected — so we track it and notify you 60 and 30 days out, keeping your $25,000 filing continuous.
These are the actual issuing fields — no credit section — most applications approve instantly, and if a check ever runs, it's a soft pull that won't touch your score.
Start the application →$250 flat, no credit review, bond often issued in the same sitting. Free until issued.