Colorado health club bonds.
From $100.
The security Colorado requires under the Consumer Protection Act (C.R.S. 6-1-704) to protect health club members’ prepaid dues if a club closes. The premium is 1% of your bond amount, with a $100 minimum — enter the amount your situation requires and your exact price appears at the application.
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How much does a Colorado health club bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard health club bond — enter your amount, pay, and file. Here is the whole thing:
Apply online
Your business details, the bond amount the statute requires, and the effective date — that is the application.
Issued fast
Most applications approve instantly and the executed bond is generated as soon as you pay. No credit check up to $50,000. Above $50,000, a soft pull may add a short review.
File and keep selling memberships
Hold the executed security as the statute requires before and while you sign membership contracts. Wet-ink originals mailed whenever you need them.
What it is and who needs it.
What the health club bond actually covers
Colorado’s health club provisions in the Consumer Protection Act (C.R.S. 6-1-704) require a club to back its members’ prepaid dues. The security is payable to the state for the benefit of any buyer injured if the club goes out of business before a member’s contract term ends.
For long-term contracts, the statute calls for a $100,000 security per location, maintained for as long as the club has outstanding membership contracts whose term exceeds twenty-four months. A surety bond is one of the accepted forms of security.
For preopening sales, a club must either escrow preopening receipts or post a $50,000 security for the repayment of amounts paid under preopening agreements until the club opens. Enter the figure your situation requires, and we issue the bond with pricing from $100 and no credit check up to $50,000 in the application.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File and keep selling memberships. Hold the executed security as the statute requires before and while you sign membership contracts. Wet-ink originals mailed whenever you need them.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $50,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, priced fast.
Submit the application with your required bond amount — your exact price is confirmed there, and the executed health club bond is generated as soon as you pay.
Start the application →Common questions.
Other Colorado bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Health club bond, issued today.
Pricing from $100. Enter your required amount and hold it the same day.