This bond is required by the Pennsylvania Department of State in compliance with the uniform Athlete Agents Act, 5 Pa. C.S. Section 3101. An athlete agent surety bond protects the athlete by helping to guarantee that the agent will complete their responsibilities as a negotiator for employment and endorsement for the athlete. This includes keeping their agreed upon commission percentage. The required bond amount is $20,000. Typically, the premium on this bond is as little as $200.
To Obtain a Pennsylvania Athlete Agent Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.