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Platinum Bonds Insurance Agency

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Bond required of manufacturers, retailers; alternative cash or security deposit

Any person engaging in the business of manufacturing or retailing alcoholic beverages. Required when: Before any person shall engage in the business of manufacturing or retailing of alcoholic beverages. Exemptions: Applicants may deposit the equivalent amount of the bond in cash or securities with the State Treasurer …

Bond amount$5,000
State or jurisdictionMississippi
ObligeeMississippi Department of Revenue, Alcoholic Beverage Control Division

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

Amounts can vary

Selected requirement: $5,000. Other available requirements: "The amount required of a retailer is $5,000. The amount required of a manufacturer shall not exceed $100,000. Native wine or native spirit producers require a $5,000 bond. Retailers whose checks are dishonored may be required to post an a…. Exact options still depend on the obligee, state, and underwriting.

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2323 yearsHelping clients and agents
Overview

What it is.

Any person engaging in the business of manufacturing or retailing alcoholic beverages. Required when: Before any person shall engage in the business of manufacturing or retailing of alcoholic beverages. Exemptions: Applicants may deposit the equivalent amount of the bond in cash or securities with the State Treasurer …

Who usually needs it

Any person engaging in the business of manufacturing or retailing alcoholic beverages.

Pricing & timing

What to expect.

Generic pricing

Tax bonds guarantee payment of taxes or compliance with tax regulations. Typical Pricing:. • Standard tax bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. • Credit check: Required for most tax bonds. Common types include sales tax bonds, fuel tax bonds, and cigarette/tobacco tax bonds. Quick approval is typical for applicants with good credit. Some tax bonds may price higher depending on the bond type and jurisdiction.

Your quote determines the actual premium.

Typical timeframe

Credit-based approval — typically 1–2 business days

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

Platinum Bonds

Experience behind every bond.

Helpful guidance, a real agency team, and a clear path from research to application.

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“My bond application was processed and received very quickly.”

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“I highly recommend you do business with these folks.”

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23 years

Offering service to clients and agents alike.

Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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