Florida Game Promotion Bond

Florida Game Promotion Bond

Game promoters that are offering prizes that total more than $5,000 in value must file a surety bond with the Florida Department of Agriculture and Consumer Services (FDACS) seven days prior to the commencement of such game promotion.

APPLY FOR YOUR BOND

Jet Insurance Company provides the Game Promotion Surety Bond to act as a financial assurance to the FDACS that all game promotion regulations will be upheld by the applicant, which includes the fulfillment of prizes offered. If any prize goes unpaid, the surety bond will cover what is rightfully owed to the winner.

What Is the Bond Limit and Cost of the Game Promotion Bond?

According to the Florida Department of Agriculture and Consumer Services, the Game Promotion Bond limit must be equal to the total value of all prizes offered within the game promotion.

At Jet, prices for the Game Promotion Bond are a small percentage of the limit and take into account the applicant’s personal credit and financial history of their business. For instance, rates for up to a $10,000 bond amount start at $100 for a one-year term.

Additional bond limit examples and Jet’s preferred tier rates can be found in the price chart below.

Bond LimitCost
Up to $10,000$100
$20,000$200
$50,000$500
$100,000$1,000
FL Game Promotion Bond Pricing

The Florida Game Promotion Bond Process With Jet

Your application for the Game Promotion Bond may be completed online or over the phone (855-296-2663) with a Jet team member. To begin, some general information will be required of you (e.g. contact details, bond limit required, and personal social security number). Once submitted, a Jet underwriter will conduct a quick review of your information. An approved rate will then be sent to your email that is ready for immediate purchase. All you’ll need to do is fulfill the payment due to receive a copy of your receipt and bond form instantly.

Jet can file your surety bond for you at no extra cost! However, if you would prefer to take care of the filing process yourself, the option to do so may be selected at checkout. Further details on how to apply can be found on the state’s Game Promotions/Sweepstakes webpage.

The original signed and sealed Game Promotion Bond, along with the completed Game Promotion Filing Packet, must be submitted to the Florida Department of Agriculture and Consumer Services at the following mailing address:

FDACS
Terry Lee Rhodes Building
2005 Apalachee Parkway
Tallahassee, FL 32399

The FDACS requires the surety bond to remain in effect while the game promotion is taking place, as well as six months following the announcement of the winners. A new surety bond is needed for each separate game promotion, therefore the Game Promotor Bond cannot be renewed.

If you need to cancel your bond, give us a call at 855-296-2663.

It is important to note that operators/promoters who have conducted game promotions in the State of Florida for five consecutive years without any violations regarding state statutes are exempt from the Game Promotion Bond requirement. However, approval for exemption is still required from the FDACS.

How Does a Florida Promoter Avoid Game Promotion Bond Claims?

As a game promotor, all you need to do is follow the necessary regulations pursuant to Florida Statutes Title XLVI, Chapter 849, and most importantly, complete the payment of prizes that are offered in the game promotion. If this is not taken care of, the winner has the right to file an official complaint with the Florida Department of Agriculture and Consumer Services.

In cases where the FDACS finds that the complaint is justified, civil action will then be pursued on behalf of the damaged party. And, if the state court rules in favor of the claimant, a claim equal to what is owed to the game promotion winner will be filed on the Game Promoter Bond.

Once Jet receives notice of the official claim, we will contact the game promoter as soon as possible. Further details and documentation of the alleged violation will be requested. Although the case has already been reviewed and investigated by the FDACS and a state court, Jet will still do the same to ensure that a baseless claim is not awarded. If the claim is found to be valid, once again, Jet will complete the claim payment process (claim payouts will never exceed the bond limit). The game promoter is then responsible for reimbursing Jet for the claim payout that was made on behalf of their violation. Failure to do so will result in future difficulties obtaining a surety bond.

Florida Game Promotion 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: