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Arizona Wholesale Pharmacy Bond

How much will my pharmacy provider bond cost in Arizona?

The Arizona State Board of Pharmacy requires pharmacy wholesalers to post a $100,000 bond.

The cost of an Arizona wholesale pharmacy bond is based on a review of the customer’s credit report.

Having your current business financials and a personal financial statement readily available can also help speed up the bonding process and get you a better bond price.

Submit a bond request to get started now!

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Wholesale Pharmacy Bond $100,000 Starts at $500 $5,000-8,000 $10,000+ Apply Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

If you’re ready to get bonded, call SuretyBonds.com at 1 (800) 308-4358 or fill out our online bond request form today!

Why do I need this bond?

The Arizona wholesale pharmacy bond exists to protect pharmacies from the malpractice of principals (pharmacy wholesalers) when supplying prescriptions and over-the-counter medicine. Unlawful acts according to the Arizona Revised Statutes, Title 32 include:

  • working under the influence of any drugs or alcohol
  • acting in a cruel or irresponsible manner upon issuing drugs to pharmacies
  • putting any customer/pharmacy at risk for their safety
  • not being 21 years of age and owning or managing a pharmacy wholesale business
  • not having been employed full time for at least three years at a pharmacy or wholesale pharmacy distributor
  • operating a pharmacy wholesale enterprise after having been convicted of a crime

If any customer were to make a valid claim against the bond, the applicant would then be required to pay back the surety for all damages the surety covered.

If you’re ready to get bonded, give us a call at 1 (800) 308-4358 or submit a bond request to get started.

What’s the fine print?

Arizona wholesale pharmacy bonds are continuous until canceled. If the surety for any reason decides to cancel this bond, 60 days notice along with the reason for termination must be given to the surety and the wholesaler.

When completing the bond form, be sure to indicate the ‘full service drug wholesaler’ or ‘nonresident full service drug wholesaler’.

Ready to get started?

Get a FREE Wholesale Pharmacy Bond Quote Today!

Arizona State Legislature Arizona Revised Statutes - Title 32

Arizona State Board of Pharmacy Surety Bond Form

Arizona State Legislature Arizona Revised Statutes - Title 32 Full Service Wholesale Permittees; Bonds; Designated Representatives; Application

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