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What is a Health Studio Surety Bond?

A Health Studio Surety Bond is one way health studios are regulated. The Florida Health Studio Surety Bond is required of all individuals or health studios, barring an exemption, for a period of five years also encompassing any pre-opening sales. This bond must be posted if the health studio collects fees 30 days in advance, or charges a service fee greater than 10% of the total contract price, or uses a third party to collect dues on behalf of the health studio.

 

What is the current market for a Health Studio Surety Bond?

Florida Health Studio Surety Bonds are widely written by multiple surety bond markets. The total bond amount for the Florida Health Studio Surety Bond is $50,000. Terms of approval and premium are largely determined by the financial condition of the dance studio’s corporate and/or personal net worth and experience.

 

How do I apply for an Health Studio Surety Bond?

  1. Complete our online Health Studio Surety Bond application, or
  2. Download and complete our printable Health Studio Surety Bond application, and
  3. Receive your surety bond quote in minutes!

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Please note that additional underwriting information may be needed depending on bond request, information submitted, and to obtain the lowest possible rate.

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