Delaware Telemarketing Bond Overview
- Purpose: To protect consumers from fraudulent, misleading or abusive telemarketing practices
- Who Needs It: All non-exempt telemarketing companies making phone solicitations in DE
- Regulating Body: The Delaware Director of Consumer Protection
- Bond Amount: $50,000
- Minimum Price: $500; credit-based
What Is a Delaware Telemarketing Company Bond?
A Delaware telemarketing company bond protects consumers from illegal, abusive or deceptive phone solicitations.
The Delaware Director of Consumer Protection requires all telemarketing companies to file $50,000 bonds as financial security.
How Much Do Telemarketing Bonds Cost in Delaware?
The $50,000 Delaware telemarketing company bond costs 1–10% depending on the applicant’s financials. With strong credit, you could pay as low as $500 for your Delaware telemarketing bond. Apply today for your no-obligation quote.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a Telemarketing Company Bond Work?
A Delaware telemarketing bond creates a legally-binding contract between three parties.
| Bond Party | Description |
|---|---|
| 1) Principal | The telemarketing company owner(s) filing the bond |
| 2) Obligee | The Delaware Director of Consumer Protection |
| 3) Surety | The issuing surety provider |
This bond is a financial guarantee that companies will comply with the Delaware telemarketing registration and fraud prevention laws. If you violate state laws, harmed consumers can be compensated through bond claims.
How Do I Get a Delaware Telemarketing Company Bond?
SuretyBonds.com provides the fastest way to get a telemarketing bond in Delaware. Just follow these simple steps:
- Apply Online: Fill out the quote request form on this page.
- Pay Invoice: Complete your purchase online or over the phone.
- Receive Bond: Select your shipping option to receive your official bond form.
Remember to sign and file the bond form with your company registration packet.
Can I Get Bonded With Bad Credit?
Underwriters will do a soft credit preview to determine your rate. Most applicants can still qualify with bad credit, however it may increase your quote.
How Do I Renew My Bond?
You can renew your bond online by simply paying the renewal invoice. Before your one-year term expires, we’ll send out email and text reminders with a link to renew.
You must maintain active bond coverage for three years after you cease telemarketing operations unless you get a waiver.
Can I Make Changes to My Bond Form?
Only your surety provider can edit an existing bond form. If you need information changed on your bond, email [email protected] with your request.
How to Register a Telemarketing Company in Delaware
To register a telemarketing company in Delaware, you must follow these general steps:
- Get a $50,000 surety bond.
- Complete the registration statement form and sign with a notary.
- Complete the Employee Information Form for each owner and director.
- Prepare and attach all other required attachments to the registration statement.
- Pay the $100 application fee.
All forms can be found on the Delaware Telemarketing Registration Forms page.
