Kentucky Telemarketing Company Bond
Kentucky Telemarketing Company Bond Information
A $50,000 Telemarketing Company Bond is required by The Kentucky Office of the Attorney General of telemarketers and telephone solicitors operating in Kentucky. Like most license and permit surety bonds, the purpose of the bond is to protect consumers from regulatory or compliance violations.
What does a Telemarketing Company Bond Protect Against?
The purpose of the bond is to protect the state and consumers from illegal or unethical acts committed by the bonded telemarketing company. The telemarketing industry is unique in that many new restrictions, guidelines and laws have been enacted in recent years, creating a complex and difficult operating environment for many telemarketing businesses. As a result, bond claim activity has increased due to growing confusion about what can or cannot be done within the ever-changing regulatory climate.
Unfortunately, this means higher bond costs for industry participants. The bond experts at Surety Bond Direct are experienced in navigating these challenges in order to secure the lowest bond cost in the market for your particular situation.
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