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Miscellaneous Commercial

Bond with corporate surety

Any health club that enters into contracts for health club services for a period of more than three months or collects more than three months of payment in advance, unless they meet specific exemption criteria. Required when: Entering into a health club contract for health club services. Exemptions: A health club is e…

Overview

What it is.

Any health club that enters into contracts for health club services for a period of more than three months or collects more than three months of payment in advance, unless they meet specific exemption criteria. Required when: Entering into a health club contract for health club services. Exemptions: A health club is e…

Who usually needs it

Any health club that enters into contracts for health club services for a period of more than three months or collects more than three months of payment in advance, unless they meet specific exemption criteria.

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 o…

Typical timeframe

Credit-based approval — varies by bond type

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.

StatePA
Bond amountThe amount is determined by the duration of the health club contracts: $50,000 …
Term lengthContinuous
ObligeePennsylvania Office of Attorney General, Bureau of Consumer Protection
RenewalHealth clubs must certify to the Director of the Bureau of Consumer Protection on or before June 1 of each year that the appropriate financial security remains in effect.
Bond classMiscellaneous Commercial
CategoryHealthcare
BondBond with corporate surety
Statutory reference73 P.S. § 2171
JurisdictionState
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Next step

Ready to move forward?

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