Tennessee - Postsecondary Educational Institution ($10,000) — required surety bond in Tennessee. Apply online in minutes.
The Tennessee Postsecondary Educational Institution bond is a financial guarantee required for certain private schools and training programs operating in the state. It protects students against financial loss if the institution fails to provide the promised educational services, breaches its contracts, or suddenly closes.
Owners and operators of private colleges, vocational programs, and trade schools in Tennessee typically need this bond. It is generally required before an institution can obtain or renew its official authorization to operate and enroll students.
The state regulating agency requires this bond to ensure the educational institution adheres to all applicable operational and ethical standards. It serves as a financial safety net to refund prepaid tuition or cover related student losses if the school fails to fulfill its educational obligations.
Getting your bond is easy—simply click Apply Now to complete our secure, five-minute online application. Once approved, your bond will be issued and delivered directly to your email. For assistance, contact Noah Insurance Agency at 814-718-0060.
The cost of your bond varies based on underwriting factors, including the credit history and financial standing of the business owners. To find out your exact premium, please submit our brief online application for a free, no-obligation quote.
Bond amount requirements vary and depend on the specific regulations governing your educational institution. You must verify the exact bond amount you need directly with the state issuing agency before purchasing your bond.
Approval times vary depending on the specific underwriting required for your application and the completeness of the information provided. Applying online is the most efficient way to get your quote and secure your bond quickly.
The obligee is the state entity requiring the bond, which is typically the agency overseeing higher education and private postsecondary schools in Tennessee. Always verify the specific obligee name and address requirements with the state prior to bonding.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
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