The Pennsylvania Private Schools Bond is required by the Commonwealth of Pennsylvania. The bond states that the bondholder will pay all parents in the event of the closing of the school. Either by choice or due to the suspension, revocation or other termination of bond holder’s license. As stated under the Private Academic Schools Act. The minimum amount of the bond is $10,000.
Private Academic School are licensed and regulated by the State Board of Private Academic Schools. It’s rules, regulations and standards are concerned with quality education, teacher certification, attendance and courses of Study. The Private Schools bond is one of their licensing requirements.
At Surety1, we make things easy for you. Start the process by completing our easy-to-navigate, free online application form. After that, one of our surety agents will contact you with a no-obligation quote for the bond premium. Once you decide to move forward with us, you just need to pay the bond premium and choose your shipping options. You may choose to have your Pennsylvania Private Schools Bond mailed through USPS Priority Mail or overnight delivery.
Surety1 has been providing surety bonds since 2003 and is licensed in all 50 states. The company maintains an A+ rating from the Better Business Bureau and represents over a dozen A rated surety companies