Illinois Fight Promotion | $5,000 Fight Promotion Surety Bond

Also known as: fight promotion bond

Type of Bond

An Illinois fight promotion bond is a type of surety bond required for fight promoters organizing professional boxing, mixed martial arts (MMA), or other combat sports events within the state of Illinois. The bond serves as a financial guarantee that the fight promoter will comply with all applicable state laws, regulations, and industry standards while conducting their events. The primary purpose of the bond is to protect the interests of fighters, officials, and the public by ensuring that the promoter operates ethically and responsibly. If the fight promoter fails to abide by the required regulations, a claim can be filed against the bond, potentially resulting in financial compensation for the affected fighters, officials, or other parties. To obtain and maintain an Illinois fight promotion bond, the promoter must pay a premium, which is a percentage of the total bond amount set by the state or local licensing authority.


Program

The price you'll pay for your $5,000 Fight Promotion 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 $5,000 Fight Promotion 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 $5,000 Fight Promotion 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 Fight Promotion Bond Application process.

The Illinois Fight Promotion Bond amount is currently set at  $5,000.

Obligee Information

An obligee is the entity that is requiring you to have the Fight Promotion bond.

Obligee: Illinois Department Of Financial And Professional Regulation
Street: 100 W Randolph Ste 9 158
State: Illinois
Zip: 60601