This bond is required by the Consumer Affairs, Department of Commerce and Insurance under the Tennessee Codes Annotated section 47-18-301. The bond states that the bondholder should make full restitution of any fees, meaning the payment of money or any other thing of value, which have been made by a consumer pursuant to the terms of a health club agreement should the health club go out of business. The required bond amount is $25,000. To determine the cost of this bond, complete our easy online application.
To Get a Tennessee Health Club 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.