New York health club bonds.
From $100.
The security New York requires under General Business Law Article 30 before a health club sells memberships. It protects buyers’ prepaid dues if the club closes — file it with the Department of State, with premiums starting at $100 and no credit check up to $50,000.
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How much does a New York 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 with the Department of State. Here is the whole thing:
Apply online
Your business details, the bond amount your contract terms require, and the effective date — that is the application.
Issued on the spot
No credit check up to $50,000. Above $50,000, a soft pull may add a short review.
File with the Department of State
Submit the executed bond to the NY Department of State before you begin selling membership contracts. Wet-ink originals mailed whenever the state insists on them.
What it is and who needs it.
What the health club bond actually covers
New York’s Health Club Services law (General Business Law Article 30, §§620–631) requires every health club to file and maintain a security before it enters into any contract for services with a buyer. Section 622-a lets you satisfy it with a surety bond, an irrevocable letter of credit, or a certificate of deposit.
The security is payable to the people of the State of New York for the benefit of any buyer injured if the club goes out of business before a member’s contract ends, or otherwise fails to give a refund owed after cancellation. It exists to protect prepaid memberships.
The statute sets the amount by your longest contract term — $50,000 for terms up to 12 months, $75,000 up to 24 months, and $150,000 up to 36 months — with additional amounts for clubs operating multiple locations. Enter the figure your terms require, and we issue the bond with premiums starting at $100 and no credit check up to $50,000.
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 with the Department of State. Submit the executed bond to the NY Department of State before you begin selling membership contracts. Wet-ink originals mailed whenever the state insists on 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, issued on the spot.
Submit the application with your required bond amount — the executed health club bond is generated instantly, ready to file with the Department of State.
Start the application →Common questions.
Other New York bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
Health club bond, issued today.
Premiums from $100. Enter your required amount and file with the Department of State the same day.