New Jersey Health Care Service Firm Bond
Purchase your bond instantly online when you choose one of the 3 term options below. Save time and money by extending your bond term. Choosing a longer term now means you pay 25% less for your bond each year and forego the annual renewal process.
$150.00
1 year term
$263.00
2 year term - save $37.50!
$375.00
3 year term - save $75.00!
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How much will my $10,000 New Jersey health care service firm bond cost?
Health care service firms in New Jersey are instantly issued online for a $150 premium. Click Buy Now to be directed to our secure bond checkout where you can purchase your bond directly online. In just a few minutes, you can be on your way to being bonded as a New Jersey health care service firm.
Why do New Jersey health care firms need to be bonded?
New Jersey health care service firm bonds are required by the Division of Consumer Affairs and must be in the amount of $10,000.
New Jersey health care service bonds ensure that the principal (health care services firm) faithfully and truly fulfills all contracts and will not file for bankruptcy. The bond also holds health care providers to the terms set in N.J.A.C 13:45B-14.
This bond will remain in effect until canceled. If the surety wishes to cancel this bond, it must provide a written notice to the Division of Consumer Affairs 60 days prior to the cancellation date.
How to start a health care service firm
Individuals applying for a health care service firm license must submit the following documents along with their application to the New Jersey Division of Consumer Affairs:
- $10,000 surety bond
- Certified financial report
- Licenses held in other states
All health care service firms must renew their registration annually before the first of July.
