New Jersey Health Care Service Bond

The New Jersey Health Care Service Bond is a type of surety bond required by the state of New Jersey in the amount of $10,000. The bond states that the bondholder shall faithfully and truly fulfill all of its service or product contracts. In addition, they shall not file for bankruptcy or for similar protection under the law. The bond must be issued by a surety company authorized to operates in New Jersey.

Those who would like to operate a registered health service firm must provide this surety bond. A health care service firm is any person who  employs individuals directly or indirectly for the purpose of assigning the employed individuals to provide health care, personal care, or companion services either directly or indirectly in the home or at a care-giving facility.

How to Get a New Jersey Health Care Service Bond

At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:

1. Complete the easy to navigate and secure online application. ¹
2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the New Jersey Health Care Service Bond will be shipped to the bond applicant. The cost of the bond is usually between 1% and 3% of the bond amount, subject to a minimum premium and fees of $150 to$250. Surety1 will shop its many markets to procure the right price at the right terms.
^{1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.} 

Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003. We continue to be rated A+ by the Better Business Bureau for our outstanding service.

What are the other initial registration requirements ?

The following must be prepared and submitted to the New Jersey Division of Consumer Affairs:

• Completed registration form.
• Certification of each officer, director, principal or owner setting forth whether he or she has ever been convicted of a crime.
• List of any licenses held in another state by the health care service firm.