Rhode Island
Health Club Bond

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

Coverage Amount: $10,000 - $30,000

Term Length: 1 year

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Rhode Island Health Club Bond Guide

In Rhode Island, most health clubs must file a minimum $10,000 surety bond for initial licensing with the state.

Purpose: To protect prepaid membership funds if a fitness center closes
Regulating Body: The Rhode Island Department of Business Regulation
Required Amount: $10,000, $25,000 or $30,000 based on facility square footage
Premium Rates: Credit-based, starting at 1% of the bond amount

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Josh Kayser

Founder & CEO