Nevada Health Club Bond Guide
If you’re opening a health club in Nevada, you’ll likely need this surety bond.
Bond Overview
- Purpose: To protect health club customers from losing prepaid membership fees
- Who Needs It: Most health club owners in Nevada
- Regulating Body: The Department of Business and Industry, Consumer Affairs Unit
- Required Coverage: $1,000–$100,000
- Premium Rate: 1–10%, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Nevada Health Club Bond?
Nevada 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 Nevada?
Nevada health club bonds cost a small percentage of the bond amount required by the state, typically 1–10%.
For example, you could pay $500 for a $50,000 bond with excellent personal credit. 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 Health Club Bond?
The Nevada Department of Business and Industry, Consumer Affairs Unit requires this bond as part of the licensing process for health clubs in the state.
The state defines a health club as “any enterprise which offers the use of its facilities for the maintenance or development of physical fitness or the control of weight.”
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Nevada health club 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 state as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Nevada Health Club Bond Work?
As with all surety bonds, a health club bond creates a legal contract between three parties:
- Principal: You, the health club filing the bond
- Obligee: The Department of Business and Industry, Consumer Affairs Unit requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of NAC Chapter 598.
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.
