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Telemarketing Bonds

Telemarketing bonds cover the activities of telemarketers and are required in many US states. It is also called a phone solicitor’s license. The bond provides a guarantee for the activities of the telemarketer, ensuring they meet all the guidelines laid down by the state they are calling from.

The current market

Some companies are hesitant to underwrite telemarketing bonds. This has mainly been due to the changes in law that have occurred with regard to the activities of telemarketers. Heavy fines, the plethora of changes to the law and the potential hazards on the telemarketer’s business that have been created have made surety companies very wary. They believe all these factors could lead to a higher percentage of claims against the telemarketing bond.

Does your agency have a special program available for telemarketing bonds?

The many changes in the laws surrounding this industry have slowed down the changes that could occur with regard to supplying and underwriting telemarketing bonds. This also applies individually to each state. However we can provide quotations for this bond and also provide opportunities for bad credit risks to apply for different programs.

 
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  Fantastic experience. I will use you again next year! Thanks for the quick turn-around, couldn't be happier.

~James H, MI