The $10,000 Georgia Athlete Agent Surety Bond is required by the Secretary of State, Department of Athletes Agents. Their purpose is to protect athletes, professional and collegiate, from financial damages caused by their agents.
The bond can be purchased for as little as $10 a month or $100 for one year.
Who needs this bond? Anyone in the state of Georgia who recruits an athlete to enter a sports services contract and filters any offers for that athlete to sign for a professional sports organization.
Bond Limit | Monthly | Yearly |
---|---|---|
$10,000 | $10 | $100 |
Applying for your Georgia Athletes Agent Bond through Jet Insurance Company is easy, only taking a couple of minutes. The Secretary of State requests that all signed surety bonds be submitted along with the agent’s license application and fee. This is why Jet will offer you your official copy of your bond as soon as it is purchased.
You can send your newly signed bond as well as other documents required to the following address:
Georgia Department of Athlete Agents
Professional Licensing Boards Division
237 Coliseum Drive
Macon, GA 31217
Your bond, once purchased, will be separate from your license renewal. If you paid for the bond in full, all that’s needed is payment to keep the bond active. If you are paying for the bond monthly, no renewal process exists as long as your payments are made.
Your Georgia Athlete Agent license will renew on June 30th of every odd-numbered year.
If you decide that the agent life is not for you, no problem. Just email us at [email protected]. If you choose to pay the premium in full, you may be entitled to a prorated refund.
The Georgia Athlete Agent Bond has a cancellation period of 60 days. This is to help better protect the athletes of Georgia to allow any last-minute complaints or claims to come through during this time, just in case.