How much does a health spa bond cost in South Carolina?
The South Carolina Department of Consumer Affairs requires operators of health spas to post special deposit surety bonds prior to conducting business. Applicants should verify their required bond amount with the state prior to bonding.
Health spa special deposit bonds are subject to underwriting consideration. Because the required amount and, therefore, the price of these bonds can vary so much, our experts recommend submitting a bond request to receive your free, no-obligation bond quote.
|Bond Type||Bond Amount||Cost by Credit Score*|
|680 and up||679 - 600||599 or lower|
|Health Spa Special Deposit Bond||Varies||Starts at 1%||4-8%||10%+||Apply Now|
Getting bonded is fast and easy when you work with the experts at SuretyBonds.com! Call 1 (800) 308-4358 or click here to get started.
Why do I need this bond?
South Carolina health spa special deposit surety bonds ensure that principals (health spas) conduct business in accordance with the South Carolina Physical Fitness Services Act (South Carolina Code 44-79-10). Specifically, these bonds ensure that principals deliver all services contracted/paid for or reimburse clients for services not delivered.
If the principal fails to conduct business lawfully, the bond protects the state and consumers from financial loss up to the full amount of the bond.
The best way to find out exactly how much you’ll pay for you South Carolina surety bond is to request your free bond quote now!
What’s the fine print?
The surety can cancel health spa special deposit bonds in South Carolina by giving written notice of cancellation to the administrator of the Department of Consumer Affairs. Cancellation becomes effective 45 days after the notice is received. The bond can also be terminated if the administrator mails written authorization to the surety.
The bond form must be acknowledged by a notary public.
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