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Massachusetts Electrical Continuing Education Bond

June 17, 2020

The $10,000 Massachusetts electrical continuing education bond is offered for $100, annually. Options exist to prepay your premium for 2 or 3 years, with a corresponding savings.  Please call AmeriPro Surety Bonds at 844-589-9732.

Massachusetts Electrical Continuing Education Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Surety Bond of Continuing Education Providers; Purpose

 

 

 

The Massachusetts Board of State Examiners of Electricians requires that providers of Continuing Education – those whose professional responsibilities include Individual/Private Providers, and Occupational School Providers --- to submit evidence of financial responsibility.

Such evidence is satisfied by the procurement of a $10,000 surety bond or performance bond.

The purpose of your surety bond is for the benefit of any students who are harmed by the dissolution of a Continuing Education business, cancellation, omission (even if accidental), negligence and other harmful acts which adversely affect your students.

 

 

 

Qualifying and the Premium

 

 

 

Qualifying for the $10,000 Massachusetts electrical continuing education bond includes providing our agency with a short, signed surety bond application and undergoing an application review.

We’ll begin the application with you by phone, but you will both need to sign and have it witnessed.

After its submission, your application is sent to an underwriter for a review. A credit check inquiry is required as part of the review process, and good credit is required for approval.

Your CE surety bond is approved at 1%, $100 annually.

Upon approval of your bond and payment of at least the annual premium (please see the next section below), our agency issues your bond to you for filing.

Included with your bond will be a Power of Attorney form. We’ll sign as Surety; you’ll sign as Principal.

All completed documents received from our agency will then be filed by you to the following address:

Commonwealth of Massachusetts

Division of Professional Licensure

Board of State Examiners of Electricians

1000 Washington Street, Suite 710

Boston, MA 02118

617-727-9931

 

 

 

Premium Prepayment Options

 

 

 

Your Massachusetts continuing education bond, upon approval, may be prepaid for up to 3 years. Doing so saves you over annual renewals, in addition to lengthening the time between renewals.

The premium prepayment option and savings are as follows:

  • If prepaid for 2 years, the premium is $180, a $20 savings;
  • If prepaid for 3 years, the premium is $260, a $40 savings.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds provides license and permit, Court, probate, and other surety bonds throughout the Commonwealth of Massachusetts.

We also provide surety bonds in all 50 states. Please call our agency today at:

 

844-589-9732

 

Or, you may fill out the form below and a Surety Agent will contact you...

 

Request a Callback

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