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Miscellaneous Other

Bond

Every seller which sells contracts for health club services, except weight loss and control services which do not provide physical exercise facilities and classes, and which do not obligate the customer for more than thirty days, and which do not require an initiation fee. Required when: Prior to the execution of any …

Overview

What it is.

Every seller which sells contracts for health club services, except weight loss and control services which do not provide physical exercise facilities and classes, and which do not obligate the customer for more than thirty days, and which do not require an initiation fee. Required when: Prior to the execution of any …

Who usually needs it

Every seller which sells contracts for health club services, except weight loss and control services which do not provide physical exercise facilities and classes, and which do not obligate the customer for more than thirty days, and which do not require an initiation fee.

Pricing & timing

What to expect.

Generic pricing

Miscellaneous surety bonds cover a wide variety of obligations that don't fit neatly into other categories. Typical Pricing:. • Small bonds: May be available as flat-fee premiums starting around $100–$250. • Larger bonds: Commonly around 1–5% of the bond amount, though rates vary significantly by bond type. • Underwriting: Requirements vary — some bonds qualify for instant approval, others require full underwriting. Pricing varies significantly by the specific bond type, jurisdiction, and r…

Typical timeframe

Varies by bond type — contact for details

Application

What to do next.

  1. Tell us the bond name, state, and amount on your form.
  2. Share business and applicant info so the team can quote it.
  3. Sign and pay; we issue the bond and send you the documents.
  4. Keep your effective date and renewal date on file with us.
Start the application.

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Details

Bond details.

StateMA
Bond amount$25,000 for each health club location or facility that sells contracts for term…
Term lengthFive years after initially commencing operation
ObligeeSecretary of the Commonwealth of Massachusetts, Corporations Division
RenewalThe bond must be maintained for the first five years of operation. Evidence of the bond must be filed with the Secretary of State within thirty days of its procurement.
Bond classMiscellaneous Other
CategoryHealthcare
BondBond
Statutory referenceMassachusetts General Laws Chapter 93, Section 79
JurisdictionState
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Next step

Ready to move forward?

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