Wisconsin licenses prescription-drug wholesale distributors through the Department of Safety and Professional Services and conditions the license on a $5,000 surety bond. Our carrier's rate book prices this bond at a flat $100 — 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.
Fixed-amount license bonds like this are among the thousands that issue right after purchase. At most, 1–2 business days.
Your executed bond arrives by email on the format DSPS accepts (form fm2819), ready to file with your wholesale distributor license application. Wet-ink original mailed on request.
Wisconsin licenses prescription-drug wholesale distributors through the Department of Safety and Professional Services (under the Pharmacy Examining Board's rules). The license is conditioned on a $5,000 surety bond — or an irrevocable letter of credit — from a company authorized to do business in Wisconsin.
The bond is a state-reimbursement guarantee: it's conditioned so the state is fully compensated for fees or costs tied to the license that go unpaid for more than 30 days after they become final. The state is the protected party; you (the principal) and the surety stand behind the obligation.
The bond runs for the life of your unexpired license (or until the surety terminates), and a claim can be made up to one year after the license expires or the bond terminates. If the surety pays, you repay the surety — it is not insurance for you.
These are the actual issuing fields — the application collects no credit information, and most applications approve instantly.
Start the application →$100 flat, no credit review, bond often issued in the same sitting. Free until issued.