If you are engaged as a third party administrator in Minnesota you are required under section 60A.23 of the Minnesota Statutes to file a Minnesota Third Party Administrator Bond as a condition of licensure.

Bonds Express offers a Minnesota Third Party Administrator Bond with a 99% approval rate.  

A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Minnesota Third Party Administrator Bond holds you accountable for your business decisions. 

By possessing a Minnesota Third Party Administrator Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.