A Talent Agency Surety Bond is required of talent agencies who are paid to find positions for individuals in the entertainment, modeling, etc. industries. The Talent Agency Surety Bond ensures that talent agencies abide by state-specific statutes which regulate the industry.
What is the current market for a Talent Agency Bond?
Talent Agency Surety Bonds are widely written by multiple surety bond markets. The respective minimum and maximum bond amounts for the Talent Agency Surety Bond vary by state and may differ. Terms of approval and premium are largely determined by the financial condition of the talent agency's corporate and/or personal net worth, experience, and the needed bond amount.