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Massachusetts
Health Club Bond

400,000+ Bonds issued to 250,000+ satisfied customers.

Coverage Amount: $25,000
Term Length: 1 year
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Massachusetts Health Club Bond Guide

If you’re opening a health club in Massachusetts, you’ll likely need this surety bond. 

Bond Overview

  • Purpose: To protect health club customers from losing prepaid membership fees
  • Who Needs It: Health club owners selling membership contracts
  • Regulating Body: The Massachusetts Secretary of the Commonwealth Corporations Division
  • 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 Massachusetts Health Club Bond?

Massachusetts health club 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 Health Club Bonds Cost in Massachusetts?

$25,000 Massachusetts health club bonds typically cost $250–$2,500. Exact rates vary based on personal credit score. Apply for your free quote now!

Bond Type
$25,000Health Club Bond

If you sell membership contracts for longer than 24 months, you’ll need a $100,000 bond instead. Please call us for a quote if you need the larger bond amount. 

Who Needs a Health Club Bond? 

The Massachusetts Secretary of the Commonwealth Corporations Division requires this bond as part of the licensing process for health clubs in the state.  

As a fitness center owner, you’ll need a $25,000 bond per facility location for the first 5 years of operations. 

How Do I Get My Bond?

SuretyBonds.com provides the fastest and easiest way to get a Massachusetts health club bond. Just follow these quick steps: 

  1. Apply: Submit an online quote request form
  2. Quote: Receive your quote within one day
  3. Sign: Complete the indemnity agreement 
  4. Buy: Purchase the bond online 24/7

We’ll email you the bond shortly after purchase. Be sure to file the bond with the Division as instructed. 

If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance. 

How Does a Massachusetts Health Club Bond Work? 

As with all surety bonds, a health club bond creates a legal contract between three parties: 

  1. Principal: You, the health club filing the bond
  2. Obligee: The Secretary of the Commonwealth Corporations Division requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding the provisions of MA General Laws Section 79. 

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 health club bond, simply pay your renewal invoice when prompted. 

We’ll begin contacting you by phone and email 90 days before the expiration date. 

More Resources

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