Colonial is the easy choice. Colonial Surety is a leading provider of service provider bonds. We’re licensed in all 50 states and U.S. territories and make it easy to obtain your I-Bond instantly. Service providers are subject to ERISA bonding requirements. Pension professionals, 3(16) service providers, investment advisors, and third party administrators are subject to service provider bonding regulations under ERISA Section 412. For help in determining if you need this coverage, please visit the DOL Field Assistance Bulletin 2008-04 and review Q8 and Q18. What is the process to obtain the bond? Colonial offers the direct and digital way to obtain service provider bonds. We are the insurance company—which means no agent, no broker, and no middleman. The steps are easy—get a quote online, fill out your information, and enter your payment method. Your bond will be ready for print instantly. It’s that simple! What does the bond cost? Service provider bonds are reasonably priced and easy to obtain. You may notice that with other insurance agents and middlemen, your premium rate will fluctuate and include additional hidden fees and costs. Colonial offers our lowest possible rate. Premium is based on the amount of plan assets. Does it matter where I get the bond? It is important to understand how bonds work and whom the insurance company is issuing your bonds. It is easy to obtain service provider bonds when you deal directly with a quality insurance company licensed to write surety and fidelity bonds. Colonial is an A (Excellent) rated bond and insurance company by A.M. Best that has been incorporated since 1930. We are Treasury listed, and licensed and admitted in all US states and territories.