Telemarketing businesses in Alabama are licensed and regulated by the state’s Attorney General Office. While commercial entities and individual salespersons are required to be licensed, it is only the commercial license which requires the $50,000 surety bond.
The quickest part of the licensing process will be obtaining the required surety bond through our agency.
Qualifying for the Alabama telemarketing bond is by completion of a surety bond application – our agency can take the application from you over the phone – and payment of the premium which is $500 annually.
There is neither a credit check nor underwriter review for this bond; it is issued immediately upon payment of the premium.
Once issued, a copy of this surety bond can be emailed to you for no additional charge. The original bond will be sent to you by the following business day. You will need to sign the original bond as Principal before filing with the Attorney General Office.
You also have the option to prepay your telemarketing surety bond for 2 or 3 years. Doing so increases the intervals between renewals and offers you a savings over the annual $500 premium.
The prepayment options are as follows:
The telemarketing bond is a guarantee of your compliance with all laws concerning telemarketing in Alabama. The bond’s existence allows those who are harmed, pursuant to § 8-19A-23 of the Alabama Code. The title of this chapter is the Deceptive Trade Practices Act.
As principal for this bond you are responsible to indemnify the surety for any claims paid against your surety bond.
AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit surety bonds throughout Alabama.
We also provide surety bonds nationwide. Please call our agency today at:
Or, you may fill out the form below and an agent will contact you…