Health clubs that have been prohibited by the Commissioner of Consumer Protection from making payments to the Connecticut Health Club Guaranty Fund. Required when: The Commissioner of Consumer Protection prohibits a health club from making payments to the Guaranty Fund because the club has engaged in unfair or decepti…
Overview
What it is.
Health clubs that have been prohibited by the Commissioner of Consumer Protection from making payments to the Connecticut Health Club Guaranty Fund. Required when: The Commissioner of Consumer Protection prohibits a health club from making payments to the Guaranty Fund because the club has engaged in unfair or decepti…
Who usually needs it
Health clubs that have been prohibited by the Commissioner of Consumer Protection from making payments to the Connecticut Health Club Guaranty Fund.
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.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateCTBond amount$125,000Term lengthContinuousObligeeConnecticut Department of Consumer ProtectionRenewalThe bond must be maintained as a condition of the annual health club license issuance and renewal for as long as the prohibition from the Guaranty Fund remains in effect.Bond classMiscellaneous CommercialCategoryHealthcareBondguaranty bondStatutory referenceConn. Gen. Stat. § 21a-226(m)JurisdictionState
