If you are engaged as a Fiscal Intermediary in the State of Florida, the Florida Office of Insurance Regulation requires that you execute a Florida Fiscal Intermediary Surety Bond in the minimum amount of $10,000 to ensure compliance with Section 641.315(4) of the Florida Statutes.
Bonds Express offers a Florida Fiscal Intermediary Surety 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 Florida Fiscal Intermediary Surety Bond holds you accountable for your business decisions.
By possessing a Florida Fiscal Intermediary Surety Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.