Massachusetts Boxing Promoter | $15,000 Boxing Promoter Surety Bond
Also known as: boxing promoter bond
Type of Bond
A Massachusetts boxing promoter bond is a type of surety bond required by the Massachusetts State Athletic Commission (MSAC) for individuals or companies involved in promoting professional boxing events in the state. It serves as a financial guarantee that the bonded party will comply with state laws, regulations, and ethical standards when organizing and promoting boxing matches. The purpose of the boxing promoter bond is to protect fighters, spectators, and other stakeholders involved in professional boxing events. It ensures that the bonded party operates with integrity, professionalism, and adherence to industry standards, promoting fair and safe boxing matches. By obtaining the bond, the bonded party agrees to fulfill their obligations, which may include obtaining necessary licenses and permits, complying with the rules and regulations of the MSAC, and meeting financial obligations to fighters, venues, and other entities involved in the event. If the bonded party fails to meet these obligations or violates the terms of the bond agreement, a claim can be filed against the bond, allowing affected parties to seek financial compensation for damages or losses. The boxing promoter bond is typically obtained through a surety bond company. The surety bond company assesses the financial stability and credibility of the bonded party before issuing the bond. The bond amount is determined by the MSAC and may vary based on factors such as the size and scale of the boxing event. It's important to note that a Massachusetts boxing promoter bond is specific to the regulations and requirements set by the MSAC. Promoters of professional boxing events in Massachusetts are required to obtain this bond to demonstrate their commitment to fair competition, safety, and compliance with state regulations.
Program
The price you'll pay for your $15,000 Boxing Promoter Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!
We provide all types of $15,000 Boxing Promoter Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.
Application
The application process for a $15,000 Boxing Promoter Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Boxing Promoter Bond Application process.
The Massachusetts Boxing Promoter Bond amount is currently set at $15,000.
Obligee Information
An obligee is the entity that is requiring you to have the Boxing Promoter bond.
For your convenience you can view a sample copy of the Massachusetts Boxing Promoter Bond Form.
Obligee: Commonwealth Of Massachusetts
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!