The SCHB Self Insurers Fund can now accept a surety bond in lieu of the 25% cash deposit currently required. This is available to both new and current members of the Fund. Bond approval is subject to applicant’s credit score and/or financial position. For example: assuming you qualify for the bond, and your 25% deposit is $5000, your annual bond premium would be $250. This would free up cash in the amount of $4750(5000 – 250). Please contact your SCHBSIF insurance agent for more detail on your specific situation.