Physical fitness centers (including health or exercise centers, clubs, studios, health spas, weight control centers, figure salons, tanning centers, and athletic or sports clubs) that enter into prepaid or credit contracts for services of over three months' duration or over two hundred dollars in amount. Required when…
Overview
What it is.
Physical fitness centers (including health or exercise centers, clubs, studios, health spas, weight control centers, figure salons, tanning centers, and athletic or sports clubs) that enter into prepaid or credit contracts for services of over three months' duration or over two hundred dollars in amount. Required when…
Who usually needs it
Physical fitness centers (including health or exercise centers, clubs, studios, health spas, weight control centers, figure salons, tanning centers, and athletic or sports clubs) that enter into prepaid or credit contracts for services of over three months' duration or over two hundred dollars in amount.
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.
StateSCBond amountBased on the number of members: 1-99 members = $10,000; 100-499 members = $20,0…Term lengthContinuousObligeeSouth Carolina Department of Consumer AffairsRenewalThe Certificate of Authority must be renewed annually by December 31st with a $50 fee per outlet. The bond must be maintained continuously as long as the center offers qualifying contracts.Bond classMiscellaneous CommercialCategoryFinancial ServicesBondSpecial Deposit BondStatutory referenceS.C. Code Ann. § 44-79-80JurisdictionState
