Missouri Health Spa Bond Guide
Health spas in Missouri need a surety bond to be licensed. Keep reading to learn more about the bonding process.
Bond Overview
- Purpose: To ensure health spas operate legally
- Who Needs It: Gyms and physical fitness centers in Missouri
- Regulating Body: The Missouri Attorney General
- Required Coverage: $10,000, $20,000, or $25,000 based on volume of membership
- Premium Rate: $100, $200, or $250, respectively
What is a Missouri Health Spa Bond?
A Missouri health spa bond ensures that workout facilities follow all regulations and fulfill membership contracts.
The Missouri Attorney General requires this type of license and permit bond to protect health spa customers and their prepaid membership fees.
What Bond Amount Do I Need?
Your Missouri health spa bond coverage requirement will vary based on the number of active membership contracts.
Number of Memberships | Bond Amount |
---|---|
<500 | $10,000 |
501-1000 | $20,000 |
1001+ | $25,000 |
If you have multiple locations, each must file a separate bond in the appropriate amount.
As an alternative to a surety bond, you can submit a letter of credit. However, a surety bond is often the most affordable option, requiring only an upfront premium and no collateral.
How Much Do Health Spa Bonds Cost in Missouri?
Your health spa bond will cost 1% of your required coverage amount.
- $10,000 of coverage for a $100 premium
- $20,000 of coverage for a $200 premium
- $25,000 of coverage for a $250 premium
No application or credit check is required. Just select your bond amount below to checkout in minutes.
How Does a Missouri Health Spa Bond Work?
A health spa bond creates a legal agreement between three parties:
- Principal: You, the health spa owner(s)
- Obligee: The Missouri Attorney General
- Surety: The surety company issuing the bond
As the principal, you are responsible for upholding all bond agreements. If you don’t, any party harmed by your actions can file a bond claim up to the coverage amount.
Who Needs a Health Spa Bond?
Anyone applying for a health spa license in Missouri needs a minimum $10,000 surety bond. A health spa includes any gym, fitness center, club or association with a physical exercise program.
Some organizations are exempt from licensing. See the Missouri health spa information page for specific exemptions.
How Do I Get a Health Spa Bond in Missouri?
SuretyBonds.com offers the fastest and easiest way to get a health spa registration bond in Missouri. Follow these quick steps to purchase your bond in minutes:
- Enter your information on this page
- Pay for your bond online
- Receive your bond through email
Be sure to submit the bond to the Missouri Attorney General along with your registration application.
How Fast Can I Get My Bond?
Purchase and receive your CSO bond today with instant email delivery.
Can I Get Bonded With Bad Credit?
Yes! This bond does not require a credit check. You can purchase your bond instantly online today.
How Do I Renew My Health Spa Bond?
This bond expires in one year. When you work with SuretyBonds.com, we’ll send you renewal reminders in advance.
As long as you pay the renewal invoice, this bond remains continuous until cancelled.
Note: the surety can cancel the bond by providing 30-day’s written notice to you and the Missouri Attorney General.
How to Get a Health Spa License in Missouri
The Missouri Attorney General oversees licensure for health spas in Missouri. To apply, gather the following materials:
- License application
- $100 application fee
- Surety bond form
Once you have completed your application packet, mail it to the address below:
Missouri Attorney General’s Office
Attn: Registration Specialist
P.O. Box 899
Jefferson City, MO 65102