California Fee-Related Talent Service Bond
AmeriPro Surety Bonds | 844-589-9732
Licensing of Talent Agencies and Fee-Related Services
The California Department of Industrial Relations, which oversees and regulates talent agencies, requires that any person or business entity that arranges for someone to operate in the entertainment industry must obtain a license to operate.
At the time of the submission of your license, and subsequent to the renewal of an existing license, you must also obtain a $50,000 surety bond.
Qualifying and the Premium
You and/or your business talent agency business entity are automatically approved for the $50,000 California fee-related talent service bond.
This is because there is no credit check nor underwriter review; and the premium is $500 annually.
Obtaining this bond is easy. When you call us, we’ll ask you the name, exactly as it should appear on your surety bond. This name should match the other paperwork you will be or have provided to the Department.
If there is a DBA name, we’ll need that as well.
After also providing us with your address, email, and phone number, we’ll take the payment of $500.
Thereafter, your bond is issued to you immediately. Along with your original surety bond, we’ll include a notarized jurat as Surety and a Power of Attorney form. You’ll sign your original bond as Principal and file it to:
State of California
Department of Industrial Relations
Licensing and Registration
P.O. Box 420603
San Francisco, CA 94142
Premium Prepayment Options
The premium associated with your fee-related talent service bond renews annually.
Our agency also offers you the option to prepay your premium up to 3 years, which offers you a savings over annual renewals.
The premium prepayment option and savings are as follows:
- If prepaid for 2 years, the premium is $900, a $100 savings;
- If prepaid for 3 years, the premium is $1300, a $200 savings.
Purpose Of Your Surety Bond Requirement
A fee-related surety bond is a financial guarantee of a talent agency’s compliance with Labor Code Section 1703(a)(3), as amended.
More broadly, the surety bond protects clients against acts of fraud or malfeasance on the part of licensed talent agency.
AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit, court, probate, and other surety bonds in all 50 states, and Washington D.C.
Please call our agency today at:
Or, you may fill out the form below and a Surety Agent will contact you…