Massachusetts Cosmetology School Bond |
AmeriPro Surety Bonds | 844-589-9732
Cosmetology School – Massachusetts
The Division of Professional Licensure, Board of Registration of Cosmetology and Barbering administers the surety bond requirement of cosmetology schools.
The department publishes a guideline for opening a cosmetology school in the Commonwealth.
AmeriPro Surety Bonds offers the cosmetology school bond, and other related surety bonds as both a first time surety bond, and for those who are looking to renew their existing surety bond.
Massachusetts Cosmetology School Bond: Amount Required and The Cost
The Massachusetts cosmetology school bond is a $10,000 surety bond required as a condition of licensing.
The bond is an “instant issue” surety bond which involves no credit score check. Merely complete an application application, pay the surety bond fee, and the bond is issued immediately.
A copy of the bond can be emailed to you after issuance; however, you will need to file the original surety bond with the Divisino. That bond will be sent to you by the same or the following business day.
The cosmetology school bond is $100 if paid for one year. If prepaid for 2 years, the cost is $180, and if prepaid for 3 years, the cost to you is $260.
Other Related Surety Bonds
In addition to the Massachusetts cosmetology school bond, other related surety bonds include:
- the Massachusetts aesthetic school bond. This is a $10,000 surety bond if you have 25 or fewer students; it is a $20,000 surety bond if you have more than 25 students;
- the Massachusetts manicuring school bond, which is a $10,000 surety bond;
- the state’s advanced school bond, which is a $5,000 surety bond.
These bonds are similarly priced to the cosmetology school bond, with the exception of the $20,000 Massachusetts aesthetic school bond. The pricing on this surety bond is slightly more.
The Purpose of this Bond:
The purpose of the Massachusetts cosmetology school bond (and the other related surety bonds referenced above) is a financial guarantee which ensures your compliance with all statutes, rules, amendments and additions involved in the cosmetology profession.
The surety bond is specifically a financial protection for your students. The surety bond protects your students from fraud, misrepresentation, misuse of funds, or a breach of contract. Such wording can be found on the surety bond as well.
The protections afforded by means of the surety bond include wrongful and harmful acts committed by any employees, managers, or agents of your Massachusetts cosmetology school.
As principal of this bond, you are responsible for any claims paid against your bond (were that ever to occur). However, the sum total of all aggregate claims will not exceed the surety bond’s amount.
AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit, contractor, court, and fiduciary surety bonds throughout Massachusetts and all of New England.
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…