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The Pennsylvania Athlete Agent Bond is a type of surety bond required by the Pennsylvania Department of State in the amount of $20,000. An athlete agent bond protects the athlete by helping to guarantee that the agent will complete their responsibilities as a negotiator for employment and endorsement for the athlete. This includes keeping their agreed upon commission percentage.
How to get a Pennsylvania Athlete Agent Bond?
At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:
- Complete the easy to navigate and secure online application. 1
- Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
- Sign some paperwork and pay the bond premium
Once these steps have been completed, the Pennsylvania Athlete Agent Bond will be shipped to the bond applicant.
1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.
The cost of the bond is usually between 1% and 3% of the bond amount. Surety1 will shop its many markets to procure the right price at the right terms.
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.
What are the requirements for the Athlete Agent Registration?
To be eligible for athlete agent registration in Pennsylvania, you must meet the following requirements:
- Be at least 18 years old
- Be a resident of Pennsylvania or have a principal place of business in Pennsylvania
- Have a high school diploma or equivalent
- Have a clean criminal record
- Pass the Athlete Agent Exam
To register as an athlete agent in Pennsylvania, you must submit the following to the Pennsylvania State Athletic Commission (PSAC):
- A completed application
- A copy of your high school diploma or equivalent
- A copy of your criminal background check
- A copy of your surety bond
- A $200 application fee
Once you have submitted all of the required materials, the PSAC will review your application and determine whether you are eligible for registration. If you are approved, you will be issued a certificate of registration. Your registration will be valid for two years. You must renew your registration every two years by meeting the renewal requirements and paying the renewal fee.
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How to Get Your Pennsylvania Athlete Agent Bond
- Complete an online application. It’s free and no-obligation.
- One of our surety experts will contact you with a firm quote and an agreement to sign.
- Provide payment and your signed agreement, and then you will receive your Surety Bond!
If you have any questions, please call us at 877-654-2327.
Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.