Pennsylvania health clubs are required to get bonded by the Commonwealth of Pennsylvania to help protect the consumers. The health club will purchase and post a bond with the attorney general in their state; the attorney general guarantees the refund of membership fees if the health club goes out of business. The amount of the bond varies, it depends on the length of contracts. For health club contracts no more than 12 months, the amount is $50,000. For those with more than 12 months but no more than 24 months, the amount is now at $100,000 while health club contracts with more than 24 months are required to submit a bond of $200,000. However, any health club that certifies in writing with the director that it will sell and maintain health club contracts for no more than 24 months and with no more than the number of persons indicated below shall, for so long as it abides by this certification, be required to file with the director such financial security only in the amounts indicated below:
Aside from the surety bond, applicants must also submit a completed Registration Application and a completed Certificate of Compliance
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.