Bryant Surety Bonds

Health Club Bond

The health club bond is required by many states of gyms and health clubs that collect payment of their members up front. The bond is in place to protect the members from the club should the club not fulfill their end of the prepaid membership (breach of contract).

The state required size of health club bonds vary by state and regulation. Some states have a flat bond requirement, while most states tier there requirement based on size of the club, or length of the prepaid memberships.

We have excellent rates and specialty markets that allow us to write health club bonds freely. Even our high risk (bad credit) applicants will find we are typically able to place them at middle market rates.