Pennsylvania Health Studio
The Pennsylvania Health Studio is a $200,000.00 bond.
This bond is available in 1 year term.
Health Studios are required to register with the department annually and a letter of credit or certificate of deposit. Health studios will also need to post a surety bond. The purpose of this security is to reimburse members if the studio fails to meet its contractual obligations to its members. The law authorizes the department to collect registration fees; penalty fees are imposed on studios that do not register or post security.
Ashton Agency has a 99% approval rate and offers the $50,000; $100,000; and $200,000 Pennsylvania Health Club bond at some of the most competitive rates. Let us save you money!
Who needs a health club bond?
In the State of Pennsylvania, health clubs are required to obtain a surety bond to be in compliance with section 11 of the Health Code Act of December 21, 1989 P.L. 672 of the Pennsylvania Statutes. Before entering into a health club contract for health club services, a health club shall file and maintain with the director, in form and substance satisfactory to him, a bond with corporate surety from a company authorized to transact business in this Commonwealth or an irrevocable letter of credit from a bank insured by the Federal Deposit Insurance Corporation (FDIC) in the amounts indicated below:
- (1) Health club contracts for no more than 12 months - $50,000 bond or letter of credit.
- (2) Any health club contract for more than 12 months but no more than 24 months - $100,000 bond or letter of credit.
- (3) Any health club contract for more than 24 months - $200,000 bond or letter of credit.
What is the health club bond?
The health club bond protects the party requesting the surety bond, the Obligee, against any financial losses as a result of poor financial choices, damages, unethical decisions, or a failure to adhere to state and local laws on the part of you, the Principal. By obtaining your bond, you are telling the Obligee that you can be trusted and that you stand by your business decisions.
The Pennsylvania health club bonds are also known as: Pennsylvania health studio bond, fitness bond, fitness club bond, and health club bond.
What else do I need besides the bond?
For more information in regards to health studios, click here.
Health club owners will submit the original signed bond form to the Pennsylvania Department of Health at the following address:
Pennsylvania Department of Health
Health and Welfare Building
8th Floor West
625 Forster Street
Harrisburg, PA 17120
Get Bonded Within One Business Day!
Only Ashton Agency can provide you with:
- The lowest price for your health club bond.
- Quickest turnaround time.
- The ability to meet or beat any competitor's pricing.
Many companies offer the health club bond, but by contacting the Ashton Agency, you can be sure you'll be getting the best price available, not to mention our stellar customer service and insider knowledge of the industry. We've been helping people get bonded for more than 45 years. Let us put that experience to work for you today!
Call us now at (800) 451-4854 for a free quote and we will contact you within 24 hours. We can assist you over the phone to ensure you receive your bond quickly and easily!
Don't have time to speak on the phone? Please fill out our easy online application and fax to (407) 678-2468. We can get you started right away!
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Let's start with some basic information about your company to get going on your new Bond or Insurance. Please note that anything marked
must be completed before you can submit the form.
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