Massachusetts Mma Promoter | $50,000 Mma Promoter Surety Bond

Also known as: mma promoter bond

Type of Bond

An MMA promoter bond is a type of surety bond required by regulatory authorities for individuals or businesses involved in organizing and promoting Mixed Martial Arts (MMA) events. It serves as a financial guarantee that the bonded party will comply with applicable laws, regulations, and ethical standards while conducting MMA promotions. The purpose of the MMA promoter bond is to protect fighters, event participants, and the public by ensuring that the bonded party operates with integrity, professionalism, and adherence to industry standards. It provides recourse for individuals who may suffer financial harm or damages resulting from fraudulent activities, contract breaches, or violations committed by the bonded promoter. By obtaining the bond, the bonded MMA promoter agrees to fulfill their obligations, which typically include accurately representing the event, providing fair compensation to fighters and participants, adhering to licensing requirements, and complying with all applicable laws and regulations. If the bonded promoter 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 MMA promoter bond is typically obtained through a surety bond company. The surety bond company assesses the financial stability and credibility of the bonded promoter before issuing the bond. The bond amount is determined by regulatory authorities and may vary based on factors such as the scale of the MMA events and the potential financial risks associated with the promoter's activities. It's important to note that the specific requirements for an MMA promoter bond can vary depending on the jurisdiction and the regulatory authority overseeing MMA events. Promoters are required to obtain this bond to demonstrate their financial responsibility, compliance with regulations, and commitment to ensuring the safety and fairness of MMA events.


Program

The price you'll pay for your $50,000 Mma 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 $50,000 Mma 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 $50,000 Mma 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 Mma Promoter Bond Application process.

The Massachusetts Mma Promoter Bond amount is currently set at  $50,000.

Obligee Information

An obligee is the entity that is requiring you to have the Mma Promoter bond.

Obligee: Massachusetts State Athletic Commission
Street: 1 Ash Burton Place Room 1301
State: Massachusetts
Zip: 2108