Alabama health studios or health spas are regulated by the state’s Attorney General Office. Licensing for new and renewal applicants is completed via an online portal.
Additionally, there is a $50,000 surety bond requirement. Our agency will work to find you the best surety bond pricing for your health spa bond.
The $50,000 Alabama health studio or spa bond is issued after completion of a signed application. Our agency can pre-fill much of the application with you over the phone. As part of the underwriting process, there is also a credit review for the bond.
The estimated bond premium, if you qualify, will be $500 annually. Once the application has been approved and the bond issued, a copy of the bond can be emailed to you for no additional charge.
The original bond, which you will need to sign as Principal, will be sent to you on the same or by the following business day.
The Alabama health studio or health spa surety bond is issued for a standard term of one year.
You also have the option to prepay your surety bond for up to 2 or 3 years. Prepayment, besides increasing the intervals between renewals (and credit reviews), allows you a savings over the year to year renewal of the bond premium.
The breakdown for prepayment options are as follows:
The health studio surety bond protects the consumer against a licensed spa or health club which breaches a contractual obligation or goes into bankruptcy. The bond protects such persons up to the amount of the loss; however, the aggregate total will not exceed the amount of surety bond required.
As principal of the surety bond, you are responsible to indemnify the surety for any claims paid against your bond.
AmeriPro Surety Bonds is a surety bonds only agency. We provide license and permit surety bonds throughout Alabama. Our agency also provides surety bonds nationwide.
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