Oregon Rx wholesaler bonds.
From $1,000.

A Class 1 (prescription) wholesale drug outlet that is not NABP/VAWD-accredited must give the Oregon Board of Pharmacy a $100,000 surety bond naming the Board as beneficiary. Pricing starts from $1,000 — your exact price appears at the application, and the application collects no credit information.

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Required for non-accredited Class 1 wholesalers under OAR 855-065-0005

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Standard amount is $100,000 with the Board of Pharmacy as beneficiary — accredited wholesalers are exempt

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From $1,000 — 1% of your bond amount; enter your bond amount and apply

1% rate$1,000 at the $100,000 minimumNo SSNin the applicationFastinstant underwriting for most

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How it works

Three steps. One sitting.

Enter your amount, pay, and file with the Board of Pharmacy. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount your registration requires, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

The application collects no credit information, and most applicants are approved instantly once you pay. Larger amounts may get a quick review.

SAME DAY

File with the Board of Pharmacy

Submit the executed bond, naming the Oregon Board of Pharmacy as beneficiary, with your Class 1 wholesaler registration. Wet-ink originals mailed when the Board insists.

About this bond

What it is and who needs it.

What the wholesaler bond actually covers

Oregon registers prescription drug wholesalers through the Board of Pharmacy. A Class 1 (prescription) wholesaler that has not earned NABP / VAWD accreditation must provide a bond or equivalent security of at least $100,000 that gives the Board direct access as beneficiary.

The bond secures payment of any administrative penalties the Board imposes and any fees or costs the Board incurs in connection with the wholesaler's conduct. The Board can file a claim against the bond up to one year after the registration expires.

Accredited wholesalers are generally exempt from the bond, which is why this is a non-accredited Class 1 requirement. If the surety pays a claim, you repay the surety — it is a guarantee to the Board, not insurance for you. Pricing starts from $1,000 and depends on your bond amount; the application collects no credit information.

OAR 855-065-0005 (Class 1 wholesaler bond)Under Oregon Administrative Rule 855-065-0005, an applicant for Class 1 (prescription) wholesaler registration that has not received NABP/VAWD accreditation must provide a bond or equivalent security of at least $100,000 giving the Oregon Board of Pharmacy direct access as beneficiary, to secure administrative penalties, fees, and costs. The Board may claim against the bond up to one year after the registration expires.

You need this bond if you are

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A non-accredited Class 1 wholesaler registering or renewing with the Board of Pharmacy

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A new prescription drug distributor that has not yet earned NABP/VAWD accreditation

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Re-registering after a lapse that the Board conditions on a bond

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Adding an Oregon registration as an out-of-state Class 1 wholesaler

One application, issued on the spot.

Submit the application with your required bond amount — the executed bond is generated instantly, naming the Board of Pharmacy as beneficiary, ready to file.

Start the application →

FAQ

Common questions.

How much is the Oregon Class 1 wholesaler bond?Premium is 1% of your bond amount. The standard amount for a non-accredited Class 1 wholesaler is $100,000 — enter your figure at the application to see your exact price.

Who actually needs this bond?Class 1 (prescription) wholesalers that haven't earned NABP/VAWD accreditation. Accredited wholesalers are generally exempt — the bond exists to give the Board direct access for non-accredited distributors.

What does the bond secure?Payment of administrative penalties the Board of Pharmacy imposes, plus fees and costs the Board incurs, in connection with the wholesaler. The Board can claim up to one year after the registration expires.

Is there a credit check?The application collects no credit information, and most applicants approve instantly. Because $100,000 is a larger penal sum, an underwriter may run a quick soft-pull review — never a hard inquiry, no impact on your score.

Who is named as beneficiary?The Oregon Board of Pharmacy, as the sole beneficiary with direct access. We issue the executed bond in exactly that form, ready to submit with your registration.

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 Oregon bonds.

Rx wholesaler bond, issued today.

Pricing from $1,000. Enter your required amount and file with the Board of Pharmacy the same day.

Start application

Your premiumfrom $1,000

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