The New Jersey Health Care Service Bond is 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.
Who needs a Health Care Service Bond?
Those who would like to operate a registered health service firm. 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.
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.
How do I obtain a New Jersey Health Care Service Bond?
At Surety1 we will get you bonded quickly. You can be assured of the lowest rates as we have partnered with over a dozen A-rated surety markets. We have friendly agents who are willing to answer all your queries and give you only the best service.
First, start the process by using our easy to navigate, free online application form. Then, after your application has been submitted, one of our surety agents will contact you with a no-obligation quote on the bond premium. After that, once you are ready to move forward, you just need to pay the premium and sign the agreement. Lastly, your bond will be mailed to you by USPS Priority Mail. Overnight delivery is also available for an additional fee.
Surety1 has been issuing surety bonds in the New Jersey since 2003. We continue to be rated A+ by the Better Business Bureau for our outstanding service.