Every seller that sells contracts for health club services in Rhode Island. Required when: Prior to the execution of any contract for health club services. Exemptions: Nonprofit organizations; weight loss and control services that do not provide physical exercise facilities and do not obligate customers for more than …
Overview
What it is.
Every seller that sells contracts for health club services in Rhode Island. Required when: Prior to the execution of any contract for health club services. Exemptions: Nonprofit organizations; weight loss and control services that do not provide physical exercise facilities and do not obligate customers for more than …
Who usually needs it
Every seller that sells contracts for health club services in Rhode Island.
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.
StateRIBond amount$10,000 for a facility with less than 10,000 square feet; $20,000 for facilitie…Term lengthAnnualObligeeRhode Island Department of Attorney GeneralRenewalThe bond must be maintained and proof of bonding must be presented to the Department of Attorney General at the time of annual registration or re-registration.Bond classMiscellaneous CommercialCategoryHealthcareBondSurety bondStatutory referenceR.I. Gen. Laws § 5-50-3JurisdictionState
