(844) 589-9732

Texas Health Spa Bond / Studio Bond

September 21, 2018

AmeriPro Surety Bonds provides applicants with the Texas health spa bond in an amount required by the state Secretary of State. Call our agency today for your bond: 844-589-9732.

Texas Health Spa Bond | AmeriPro Surety Bonds | 844-589-9732

 

 

 

Texas Health Spas

 

 

 

In Texas, health spas are regulated by the Secretary of State, Registrations Unit.

The Secretary defines health spas as “A business that offers...members instruction in or use of facilities for a physical exercise program.”

 

 

 

Texas Health Spa Bond

 

 

 

In addition to registration requirements, health spas in Texas are required to purchase at least one Texas health spa bond.

 

 

 

Texas Health Spa Bond: The Purpose

 

 

 

The purpose of a Texas health spa bond is to protect consumers from any acts of criminal negligence, fraud, theft, or criminal misrepresentation or malfeasance in the course of their business.

To maintain a proper understanding of this surety bond one only needs to keep in mind one thing: The Texas health spa bond protects others; it does not protect the health spa club at all.

It is also a prerequisite for licensing.

 

 

 

Texas Health Spa Bond: The Amount Required

 

 

 

It is important for applicants to remember that each location of a Texas health spa will have its own Texas health spa bond.

To determine the amount of bond required, the following formula will be of use:

  • If the location has a prepaid membership between 0-$20,000 total, a $20,000 bond is required;
  • If the location has a prepaid membership between $20,001-$25,000, a $25,000 bond is required;
  • If the location has a prepaid membership between $25,001-$30,000, a $30,000 bond is required;
  • For $30,001-$35,000, a $35,000 bond is required;
  • For $35,001-$40,000 a $40,000 bond is required;
  • For $40,001-$45,000 a $45,000 bond is required;
  • Any amount over $45,000, a $50,000 bond is required.

 

 

Premium Required for a Texas Health Spa Bond

 

 

 

The premium required for the Texas health spa bond will be determined by:

  • The amount of the bond and the total number of bonds required;
  • The applicant’s credit score.

A $20,000 bond may cost as little as $375; a $50,000 bond may cost as little as $750.

The bonds are issued for one year and renew annually.

Regardless of one’s credit standing, applicants with AmeriPro Surety Bonds can feel confident that they have an advocate who will work, regardless of credit, to find the best (that is, the lowest) pricing.

Our agency does not charge broker fees.

 

 

 

Becoming Licensed as a Texas Health Spa:

 

 

 

Involved in becoming licensed as a health spa in Texas is the following:

 

 

About AmeriPro Surety Bonds

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit, court, fiduciary and contractor bonds (including bid and performance bonds) throughout Texas.

AmeriPro Surety Bonds also provides surety bonds nationwide.

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