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Massachusetts Private Occupational School Bond

Massachusetts Private Occupational School Bond

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Who Requires the Private Occupational School Bond and Why Is It Needed?

A Private Occupational School Bond is required for businesses or organizations that provide various types of private education in Massachusetts. These bonds are known by many names based on the specific program type including Private School Bonds, Educational Institution Bonds or Occupational School Bonds or just School Bonds. The bond is posted as part of the licensing process that allows the entity to offer educational services in the areas of academic, professional, career, technical, or trade training.

 

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Massachusetts Private Occupational School Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

What Does the Bond Protect Against?

The bond typically guarantees that the school will operate in accordance with contractual commitments made to students and representations made in its recruitment, advertising and career materials. It ensures that the institution complies with rules and regulations as defined by the regulatory authority. Finally, the bond may cover tuition reimbursement in the unfortunate event that the institution is forced to shut down.




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