What is a polygraph examiner bond?
In some states, you need a license to become a polygraph examiner to administer lie detector tests. The licensing process often involves posting a surety bond. A polygraph examiner bond is a type of license bond that holds licensees accountable to the law to protect clients and the general public from fraud and other unethical activities.
By signing the bond agreement, bondholders promise to follow the rules and regulations governing their industry. If you break the law, you could face costly bond claims.
Get Your Polygraph Examiner Bond:
- A polygraph examiner bond holds licensees accountable to the law and protects clients and the public from fraud and other unethical activities.
- You may need this bond to become a polygraph examiner to administer lie detector tests in your state.
- Specific states may enforce the bonding requirement for polygraph examiners, including Mississippi, South Carolina, Arkansas, and Oklahoma.
- Examples of actions that may trigger bond claims include falsifying polygraph exam reports, working without a license, and misrepresentation.
Who needs this surety bond?
Specific states enforce the bonding requirement for polygraph examiners. Those states may include Mississippi, South Carolina, Arkansas, and Oklahoma. Texas required polygraph examiner surety bonds up until September 1, 2021.
|$5,000, Board of Professional Polygraph Examiners
|$5,000, Polygraph Examiners Act
|$5,000, Department of Arkansas State Police
|$5,000, Alabama Board of Polygraph Examiners
These surety bonds protect the government and the public by guaranteeing payment for damages due to a polygraph examiner breaking the law or behaving unethically on the job. Injured parties can file claims up to the total bond amount ($5,000). Examples of actions that may trigger bond claims include falsifying polygraph exam reports, working without a license, and misrepresentation.
How does a polygraph examiner bond work?
Like other license and permit bonds, a polygraph examiner bond is a three-party agreement involving a principal, an obligee, and a surety.
- Principal: The licensed and bonded polygraph examiner
- Obligee: The governing authority that enforces the bond requirement
- Surety: The financial company that issues and backs the bond in case of claims
How much do polygraph examiner bonds cost?
You could pay as little as $100 for a $5,000 polygraph examiner’s bond. Your credit score will play a role in your bond rate. You could pay anywhere from 1-5% of the bond amount if you have excellent credit. If you have a lower credit score, you’ll likely pay more. Before issuing your bond, we’ll also consider your personal and business financials.
Can I get bonded with bad credit?
If you have a low credit score, you may still be able to get the bond you need. Expect to pay a higher premium rate, often upwards of 10%. If you have any questions, call us at (888) 435-4191. We want to help you get bonded as affordably and quickly as possible.
How to Get Your Polygraph Examiner Bond
ZipBonds offers the fastest and most secure option for getting the surety bonds you need. Our all-digital platform is intuitive and straightforward. Apply online or call us at (888) 435-4191 to get bonded in a flash!
Founders Ryan Swalve and Zach Mefferd formed the vision for ZipBonds.com when they realized how overly complicated it was to help clients place surety. The frustration of being unable to incorporate the technology they’d used in other insurance-focused projects left them thinking “there has to be a better way.”
Fast forward a couple of years, and that better way is the impetus of everything we do at ZipBonds. We constantly look for innovative ways to improve the bonding process for our clients and agents. Our team comprises individuals who understand all angles of surety – for companies, agencies, and individuals. Incorporating everyone’s point of view to improve the process while simultaneously integrating cutting-edge technology is what sets our business apart.