Express Scripts Performance Surety Bonds
We write $500,000 Express Scripts performance bonds in Pennsylvania.
Apply online to receive your FREE QUOTE within minutes.
A qualified applicant who wishes to contract with Express Scripts will be required to post or furnish a surety bond (performance bond) in the amount of $500,000. The performance bond will essentially guarantee to Express Scripts (obligee) that the principal or pharmacy will abide by their contract. The surety bond was put into place to protect Express Scripts in the event the pharmacy breaches the agreement.
There are many requirements the pharmacies must follow in order to ensure they are posting an acceptable performance bond with Express Scripts. The Surety Company must have a AM Best rating of A-VIII or better. Before a Provider Agreement is offer, the pharmacy must first post the Express Scripts Surety Bond. The principals(pharmacies) must maintain the Express Scripts Surety bond for a minimum of two (2) years.
BondAbility has several markets that offer competitive pricing on Express Scripts Surety Bonds. In addition to the application, we will also need a personal financial statement on the owners.
In order to receive your specific quote, we must review your qualifications to determine the lowest possible price.
We have various sureties willing to write Express Scripts bonds for applicants with less than perfect credit.
We find the best possible price for your Express Scripts Surety Bond given your particular qualifications.
Additional information about this performance surety bond requirement is as follows:
Obligee - Express Scripts
Bond Amount - $500,000.00
Bond Premium - call to inquire about special pricing
You are applying for a $500,000 Express Script Performance Bond.
A free quote will be emailed to you within minutes!