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What is a Maryland Institution of Postsecondary Education Bond?
The surety bond required by the Maryland Higher Education Commission, Division of Planning and Academic Affairs ensures that you will at all times faithfully perform your agreements with students as well as comply with Title 11-Education Article Annotated Code or Regulations.
Do you need a Maryland Institution of Postsecondary Education Bond?
The bond is required for all schools licensed by the state Department of Education.
If you're looking for peace of mind knowing that your child's education will be paid for, then a Maryland Institution of Postsecondary Education Bond is right for you.
Apply now for a Maryland Institution of Postsecondary Education Bond!
Why is the Maryland Institution of Postsecondary Education Bond required?
Businesses must purchase a bond to activate their license or permit. This guarantees that if the business fails to comply with licensing and permit laws, they will be compensated by the surety company for any damages incurred due this negligence. Here's a Carroll County, MD-Plumbing and Utility Contractor ($2,500) Bond.
How does a Maryland Institution of Postsecondary Education Bond work?
Getting a Maryland Institution of Postsecondary Education Bond means you agree with the entity requiring it, called the obligee. Your surety company agrees to cover for you in case your clients or public make claims against their contract and need payment from your bond. If there’s ever any problems on either side of this agreement, only then will we get involved so that both parties can be satisfied. Need a Baltimore County, MD-Trespass Towing ($20,000) Bond.
How much does a Maryland Institution of Postsecondary Education Bond cost?
Maryland Institution of Postsecondary Education Bond is a type of surety bond that varies in cost and depends on the credit score of the applicant. Sometimes, personal or business financials may be required depending on what surety amount is needed for bonding purposes.
Can I get a Maryland Institution of Postsecondary Education Bond with bad credit?
Swiftbonds offers a wide-range of approvals, regardless of credit history or bad credit. One key factor in our success is that we are able to work with 99% of applicants who have been turned down elsewhere due to their poor financial standing. Our knowledgeable underwriting staff will make sure you get the lowest possible price for your bond no matter what personal circumstances may be preventing you from getting approved for other companies' bonds. Have a Maryland Sales and Use Tax Bond.
How to get your Maryland Institution of Postsecondary Education Bond?
Would you like to know the first step in getting your Maryland Institution of Postsecondary Education Bond? It's super easy! Fill out our quick online application and get a no obligation quote today. Our Underwriters will contact you within an hour of submission, or come chat with them on the phone for help applying. Get a Maryland Grain Dealer License ($100,000) Bond.
