The Ohio Professional Employer Organization (PEO) Surety Bond is required by the State of Ohio, Bureau of Workers Compensation. The bond ensures that the holder will pay the premiums of its clients employers under Ohio Revised Code 4125.01 to 4125.99 and administrative rules. The bond also guarantees that the holder will pay the semi-annual workers’ compensation premiums on a timely and accurate basis, according to the terms, provisions, and limitations of said law (and its amendments and supplements), the adopted administrative regulations, and the written agreements with the client employers.
In order to find out the cost of the surety bond, all we need is the completed application. Surety1 has access to the best surety markets available, so we will be able to get you bonded quickly at the best possible price!