Kentucky Boxing Promoter | $10,000 Boxing Promoter Surety Bond

Also known as: boxing promoter bond

Type of Bond

A Kentucky boxing promoter bond refers to a type of surety bond that is required for individuals or businesses involved in promoting or organizing boxing events within the state of Kentucky. The purpose of a Kentucky boxing promoter bond is to provide financial protection to the state, participants, and stakeholders involved in boxing events by ensuring that the bonded promoter operates in compliance with applicable laws, regulations, and licensing requirements. By obtaining this bond, the boxing promoter assures the state and participants that they will conduct their events or activities in accordance with the established rules and regulations governing the boxing industry. This includes obtaining necessary licenses, adhering to safety standards, following fair competition practices, and handling funds responsibly. If the bonded promoter fails to fulfill their obligations, violates any laws or regulations, or causes harm or financial losses to participants or stakeholders, a claim can be made against the bond. If the claim is valid, the bond provides financial compensation to cover the damages or losses incurred by the affected parties. The purpose of the Kentucky boxing promoter bond is to protect the interests of participants, ensure fair and safe boxing events, and maintain the integrity of the sport. It promotes accountability, transparency, and ethical conduct in boxing activities. The bond provides a form of recourse for the state or affected parties to seek compensation in case of non-compliance, negligence, or breaches by the bonded promoter. It contributes to the overall trust and reliability of boxing events in Kentucky.


Program

The price you'll pay for your $10,000 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 $10,000 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 $10,000 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 Kentucky Boxing Promoter Bond amount is currently set at  $10,000.

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 Kentucky Boxing Promoter Bond Form.

Obligee: Commonwealth Of Kentucky