Health Club Bonds
What is a Health Club Bond?
Health club bonds are required by some states for health clubs to collect fees up front. The bond protects the consumer from clubs renigging on memberships that have already been paid for.Current Market: Health club bonds are moderately common and are not particularly high risk in comparison to some other commercial surety bonds. However, they are not considered a low-risk bond either. This allows for rather average commercial bond rate range for standard market applicants. The health club industry does not have drastic highs and lows, the stability of it translates into a very static bond market for this class of business.
Special Programs: Bad Credit Surety Bond Programs are available for clients that can not obtain an approval using traditional surety underwriting. The increased risk for the sureties brings about higher rates for the bonds, but fortunately collateral is not needed for most applicants.
Get a FREE quote on your Health Club Bond online now!
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Health Club Bond Obligee Information
| Dealer Obligees | Obligee Dept. | Add1 | City | Zip | Bond Name |
|---|---|---|---|---|---|
| District of Columbia | Department of Consumer & Regulatory Affairs | 941 North Capitol Street NE | Washington | 20002 | Health Spa Bond |
| Florida | Department of Agriculture and Consumer Services | 2005 Apalachee Parkway, Terry Lee Rhodes Building | Tallahassee | 54321 | Health Club Bond |
| Kentucky | Office of the Attorney General, Division of Consumer Protection | 1024 Capital Center Drive | Frankfort | 40601-8204 | Health Spa Bond |
| Maryland | Office of the Attorney General- Consumer Protection Division | 200 St. Paul Place | Baltimore | 21202 | Health Club Bond |
| New Jersey | Director of the Division of Consumer Affairs | P.O. Box 45028 | Newark | 07101 | Health Club Bond |
| New York | State Department of State - Division of Licensing Serrvices | 84 Holland Avenue | Albany | 12208 | Health Club Bond |
| North Carolina | Attorney General | P.O. Box 629 | Raleigh | 27602 | Health Club Bond |
| Okalahoma | Adminsitrator, Department of Consumer Credit | 4545 N.Lincoln Blvd., Suite 104 | Oklahoma City | 73105-3408 | Health Spa Bond |
| Pennsylvania | Director of the Pennsylvania Bureau of Consumer Protection - Health Club Registration Section 21 | South 12th Street , 2nd Floor | Philadelphia | 19107 | Health Club Bond |
| Texas | Secretary of State - Statutory Documents | P.O. Box 13550 | Austin | 78711-3550 | Health Club Bond |
| Texas | Secretary of State | P.O. Box 12887 | Austin | 78711-2887 | Health Spa Bond |
| Utah | Department of Commerce, Division of Consumer Protection | 160 East 300 South | Salt Lake City | 84111 | Health Club Bond |
| Virginia | Commissioner of the Virginia Department of Agriculture and Consumer Services - Office of Consumer Affairs | Washington Building, 1100 Bank Street, Room 103 | Richmond | 23219 | Health Club Bond |
| West Virginia | Office of the Attorney General | State Capitol Complex, Bldg. 1 Room E-26 | Charleston | 25305 | Health Spa Bond |
