Missouri third party administrator bonds.
$500 flat.

Missouri requires a licensed third party administrator to file a fixed $50,000 surety bond with the Department of Commerce & Insurance under §376.1092 RSMo. Ours is $500 flat — the same price for every administrator, issued instantly. The bond issues the moment you pay — no credit review of any kind, not even a soft pull.

✓

Required for your MO third party administrator license — new applicants and renewals

✓

Fixed amount, fixed price — $50,000 bond, $500, no quote process

✓

Multi-year terms available — set it once and leave it for up to 3 years

A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available

Trusted by industry leaders

How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That's the application — no financials, no credit section, no follow-up scavenger hunt.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with the Department

Your executed bond and power of attorney arrive by email, ready to file with your Department of Commerce & Insurance license application or renewal. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

A third party administrator collects premiums or settles claims on behalf of insurers — handling other people's money in the insurance system. Missouri conditions a TPA license on a $50,000 surety bond so the state and the insurers you serve have a financial backstop that you'll follow Missouri's TPA laws.

It's a three-party arrangement: you (the principal), the surety carrier, and the Director of the Department of Commerce & Insurance (the obligee). If an administrator violates the TPA statutes or mishandles funds, a harmed party can recover against the bond.

It is not insurance for you — if the surety pays a claim, you repay the surety. Note one wrinkle: a TPA that is an affiliate or subsidiary of an insurer licensed in Missouri may be exempt from filing if the Director is satisfied with that insurer's financial condition. If that's you, confirm with the Department before buying.

§376.1092 RSMo (20 CSR 200-9-600)Section 376.1092.7, RSMo sets the third party administrator surety bond at fifty thousand dollars ($50,000), filed with the Director of the Department of Commerce & Insurance and conditioned on compliance with Missouri law. A TPA that is an affiliate or subsidiary of an insurer licensed in this state may be exempt from the bond if the Director is satisfied with that insurer's financial condition — verify your status with the Department.

You need this bond if you're

✓

Applying for a MO TPA license — the bond is filed with your application

✓

Renewing your TPA license and your bond is expiring or your surety non-renewed

✓

An out-of-state administrator getting licensed to administer Missouri business

✓

Not claiming the affiliate exemption — most independent TPAs must post the bond

One application, issued instantly.

These are the actual issuing fields — no credit section, because this bond doesn't have one.

Start the application →

FAQ

Common questions.

How much is the Missouri third party administrator bond?The premium is $500, set by our carrier's rate book for this bond — the same for every administrator. The $50,000 bond amount is set by §376.1092.7 RSMo, so there is no quote process.

Do I pay the $50,000?No. You pay $500. The $50,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.

Am I exempt from the bond?Possibly. Under §376.1092, a TPA that is an affiliate or subsidiary of an insurer licensed in Missouri may not need to file the bond if the Director is satisfied with that insurer's financial condition. If you're an independent administrator, you almost certainly need it — confirm with the Department of Commerce & Insurance.

Is there a credit check?The application has no credit section at all — most fixed-amount license bonds like this one approve instantly.

When does it renew?The bond must stay active for as long as you hold the license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your license never lapses over a missed email.

Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.

How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.

Related bonds

Other Missouri bonds.

Finish your TPA license checklist today.

$500 flat, no credit review, bond often issued in the same sitting. Free until issued.

Start application

Your price$500

Apply now →