Apprenticeship Bond

This bond is required for businesses or organizations that run apprenticeship programs in Michigan. It protects the state and ensures that program operators follow Michigan's apprenticeship laws and regulations, including properly training and compensating apprentices. If the program operator fails to meet their legal…

Bond amount$1,000
State or jurisdictionMichigan
ObligeePeople of the State of Michigan

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

Overview

What it is.

This bond is required for businesses or organizations that run apprenticeship programs in Michigan. It protects the state and ensures that program operators follow Michigan's apprenticeship laws and regulations, including properly training and compensating apprentices. If the program operator fails to meet their legal…

Who usually needs it

Any entity or individual offering cosmetology apprenticeship programs in Michigan, including cosmetology schools, salons, or independent educators providing training to aspiring cosmetologists. This bond is mandated as part of licensing requirements to protect apprentices and consumers from financial losses due to non-compliance, negligence, or failure to f…

Pricing & timing

What to expect.

Generic pricing

Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending on risk factors. Contact us for a specific quote.

Your quote determines the actual premium.

Typical timeframe

Credit-based approval — varies by bond type

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.