Louisiana Physical Fitness Services Center Bond Guide
If you’re opening a gym or health club in Louisiana, you’ll likely need this surety bond.
Bond Overview
- Purpose: To protect gym or health club customers from losing prepaid membership fees
- Who Needs It: Gym or health club owners
- Regulating Body: The Louisiana Department of Health & Hospitals
- Required Coverage: $25,000
- Premium Rate: $250–$2,500, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Louisiana Physical Fitness Services Center Bond?
Louisiana physical fitness center bonds protect customers from losing prepaid membership fees if a club unexpectedly goes out of business.
The bond also holds health spas liable for following local license rules and regulations.
How Much Do Physical Fitness Services Center Bonds Cost in Louisiana?
$25,000 Louisiana physical fitness center bonds typically cost $250–$2,500. Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Physical Fitness Services Center Bond?
The Louisiana Department of Health and Hospitals requires a $25,000 bond as part of the licensing process for all physical fitness centers that offer prepaid contracts.
This includes all facilities or service providers that help develop physical fitness through exercise or weight control.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Louisiana physical fitness center bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll mail you the bond via your preferred shipping method. Be sure to file the bond with the Louisiana Department of Health & Hospitals as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Louisiana Physical Fitness Services Center Bond Work?
As with all surety bonds, a physical fitness center bond creates a legal contract between three parties:
- Principal: You, the gym or health club filing the bond
- Obligee: The Louisiana Department of Health & Hospitals requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of LA Rev Stat § 51:1582.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your physical fitness center bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
