Arizona Telephone Solicitation Bond

Arizona Telephone Solicitation Bond

The Arizona Secretary of State requires all telephone solicitors (or, as they call them, telephonic sellers) to obtain a $100,000 Telephone Solicitation Bond. Jet provides the Secretary of State with fiscal reassurance that the solicitor will make restitution to any consumer that has suffered harm as a result of unlawful practices. 

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When you pick Jet Insurance Company, you gain the advantage of working directly with us. There are no lengthy applications or middlemen to go through. 

How Much Does the Telephone Solicitation Bond Cost?

The Telephone Solicitation Bond starts at around $1,000 annually or $100 monthly with Jet, but rates vary depending on a personal credit check. Additional factors such as business financial statements may be required to provide a quote.

With Jet, you have multiple payment options for your bond to suit your needs. This bond can be purchased through annual or multi-year payments for infrequent charges or our exclusive monthly payment plan, which is a great convenience for larger bond premiums.

Why Is the Telephone Solicitation Bond Required?

The Arizona Secretary of State is responsible for a number of important state functions with the role of working towards the improvement of the quality of life for every Arizonian. The Secretary of State enforces the bonding requirements of Title 44, Chapter 9, Article 6 of the Arizona Revised Statutes (ARS) for telephone solicitors seeking to operate in Arizona, which serve to protect any consumer that has suffered financial damage on behalf of the solicitor.    

Per ARS 44-1271, a solicitor is a person who uses a telephone to complete sale or rental transactions. Solicitors will not be able to operate unless they have obtained a bond or have furnished a cash deposit in the amount required. Phone solicitors haven’t won any recent popularity contests, therefore the Secretary of State uses the bond as a failsafe to guarantee solicitor behavior is above board. If not, a third party (Jet) will be forced to step in to pay for infractions.

Does the Telephone Solicitation Bond Apply to Me?

Per ARS 44-1273, the following sellers are distinguished sellers who do not need to purchase the Telephone Solicitation Bond as those who are eligible to file for a limited registration statement: 

How Does the Application Process Work With Jet?

Click the button below to apply for the Telephone Solicitation Bond, starting with some basic questions. One of our underwriters will quickly follow up with you for any additional information that may be needed to determine eligibility and price. 

Once your quote is ready, it will be emailed to you with a link to a secure page where you can purchase the bond. A receipt and bond copy will be available to download following the purchase.

Can Jet File the Telephone Solicitation Bond for Me?

Yes, Jet can! Don’t think twice about it — Jet will file the bond to the office of the Secretary of State. Once the bond form has been received and processed by the Secretary of State, they will then forward a photocopy to the Arizona State Treasurer’s office. 

The Secretary of State has specified that the bond filing can be done in person. If the solicitor wishes to walk the original bond form in or mail it themselves, Jet can send it to you upon request. 

The original bond needs to be mailed to the following address: 

Secretary of State
Attn: Telephonic Sellers Dept
1700 W. Washington Street, Fl. 7
Phoenix, AZ 85007

Can I Cancel My Telephone Solicitation Bond and Receive a Refund?

Yes, you can! Solicitors will have the ability to cancel their bond at any time by sending a written notice to Jet (or email to [email protected]). Once the intent of cancellation has been received, Jet will immediately send their request to the Secretary of State. 

The cancellation provisional period attached to this bond is a total of 60 days. Meaning, the bond will be held in effect during this period by the Secretary of State. 

Solicitors that have purchased their bond on an annual term or multiple year terms will receive a refund of any unearned premium available. The refund will have to calculate the 60-day cancellation period as the bond remains active at that time. Monthly payment plans will continue during those 60 days; payments will cease once the cancellation is final. 

How Do I Renew My Telephone Solicitation Bond?

The renewal of this bond consists of one action - making payment to extend bond coverage. If you have purchased your bond on an annual basis, you don’t need to worry about setting your calendar for the bond expiration. Jet will send out a renewal reminder via mail or email with plenty of time to submit payment for your renewal. 

If you are part of the monthly payment plan, you are not required to do anything. Your bond will continue to be active with each payment that goes through. 

How Does a Telephone Solicitor Avoid Bond Claims?

The solicitor must remain in compliance with the rules and regulations listed in ARS Title 44, Chapter 9, Article 6 to ensure that they avoid potential bond claims. A claim may arise against the solicitor if they fail to make known the required consumer disclosure statements or operate under unlawful practices. 

Per ARS 44-1276, solicitors are required to mention the following consumer disclosures which detail the consumers rights to cancel: 

Solicitors must also work towards ensuring that they do not engage in any of the following unlawful practices:

The solicitor will be considered guilty with a Class 5 felony if they violate any of the provisions within the statutes. 

Any consumer that has suffered financial damages as a result of the solicitors failure to disclose consumer rights or failure to operate within the statutes will be able to file a bond claim. No claim against the bond shall be made more than four years after the act or omission on which the suit is based.

What Happens if I Get a Telephone Solicitation Bond Claim?

If you receive a claim on your Telephone Solicitation Bond, notify Jet immediately. We are here to assist in defending against fraudulent claims. On the other hand, we are also obligated to make payment on valid claims.

Jet will make a bond claim payout up to the limit of $100,000. The process does not end there, as the surety bond is a guarantee of payment by a third party, Jet. The solicitor is still responsible for the actions and will then be expected to pay Jet back for any claim payouts made. 

Arizona Telephone Solicitation Bond Form

Notary Bond Application:

X

Business Information:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Employee Dishonesty Bond Application:

Business Information:

Business Description:

Coverage Requirements:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Contract Bond Application:

X

Business Information:

Owner Information:

Job Details:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Worker's Compensation Application:

X

Business Information:

Business Description:

Coverage Requirements

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information: