Minnesota Private School | $20,000 Private School Surety Bond
Also known as: private school bond, secondary school bond, private postsecondary school bond
Type of Bond
A Minnesota Private School Bond is a type of surety bond required by the Minnesota Department of Education for private schools in order to be licensed. The bond is for the benefit of students in the event of the school’s failure to comply with rules and regulations of the department and provides reimbursement to the student for any tuition fees paid in advance. The bond is purchased by the private school and issued by an insurance company for the benefit of the students.
Program
The price you'll pay for your $20,000 Private School Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!
We provide all types of $20,000 Private School Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.
Application
The application process for a $20,000 Private School Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Private School Bond Application process.
The Minnesota Private School Bond amount is currently set at $20,000.
Obligee Information
An obligee is the entity that is requiring you to have the Private School bond.
For your convenience you can view a sample copy of the Minnesota Private School Bond Form.
Obligee: Minnesota Office Of Higher Education
Street: 1450 Energy Park Dr #350
State: Minnesota
Zip: 55108
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!