Health clubs and health club operators Required when: Conducting business as a health club in the state of Tennessee Exemptions: 1) Health clubs or operators that have operated under substantially the same ownership and control for at least seven (7) consecutive years. 2) Health clubs that maintain on file a current a…
Overview
What it is.
Health clubs and health club operators Required when: Conducting business as a health club in the state of Tennessee Exemptions: 1) Health clubs or operators that have operated under substantially the same ownership and control for at least seven (7) consecutive years. 2) Health clubs that maintain on file a current a…
Who usually needs it
Health clubs and health club operators
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.
StateTNBond amount$25,000Term lengthContinuousObligeeTennessee Department of Commerce and Insurance, Division of Consumer AffairsRenewalThe bond remains in effect until canceled. The surety must provide at least 30 days' written notice of cancellation to the state. The bond must be maintained for two years following the date on which the health club loc…Bond classMiscellaneous CommercialCategoryFinancial ServicesBondHealth Club BondStatutory referenceTennessee Code Annotated § 47-18-318JurisdictionState
