Individuals, corporations, and any other businesses that conduct fittings and the dispensary of hearing instruments must be licensed as a fitter and dispenser with the Texas Department of Licensing and Regulation (TDLR). Fitters and dispensers of hearing instruments must obtain the $10,000 Fitting and Dispensing of Hearing Instruments Surety Bond to get and maintain a license.
Jet Insurance Company provides the Hearing Instrument Fitter and Dispensers Bond to act as a form of financial assurance for the Texas Department of Licensing and Regulation. The surety bond ensures that the fitter/dispenser will follow all hearing instrument regulations, such as paying taxes and any judgments that arise. The bond may be used to cover any losses incurred by a damaged party, including but not limited to negligence, fraud, or a breach of contract.
Jet’s prices are a small percentage of the $10,000 bond limit and are based on a soft credit check of the applicant. As seen in the chart below, preferred tier applicants could pay as little as $100 annually or $10 a month
|Bond Term||2-Year Price|
Once approved, your license as a hearing instrument fitter or dispenser will remain active with the Texas Department of Licensing and Regulation for two years. At Jet, we offer a $175 two-year bond term if you are wanting to conveniently keep your license and bond term in sync.
Jet has created a quick and easy bond application process; the Hearing Instrument Fitters and Dispensers Bond application will ask you for some general information such as your contact details and personal social security number for a credit check. No need to worry though, we only run a soft check that will not affect your current score.
Once submitted and quickly reviewed, a Jet underwriter will send some approved rate options via email. Simply choose the best plan for you and complete the payment due. You’ll then receive a copy of your receipt and bond form instantly.
At Jet, you have the option to have us file your bond for you at no extra cost, or you can choose to file the bond form yourself. Either choice is available for selection at checkout. The original signed and sealed Fitting and Dispensing of Hearing Instruments Surety Bond form must be submitted to the Texas Department of Licensing and Regulation at the following mailing address:
Texas Department of Licensing and Regulation
PO Box 12157
Austin, TX 78711
The application for licensure and other required documents can be found on the TDLR’s Hearing Instrument Fitters and Dispensers Forms webpage.
The Hearing Instrument Fitters and Dispenser Bond is required to maintain an active license with the Texas Department of Licensing and Regulation. Therefore, renewal of the surety bond is needed. However, if you enrolled in Jet’s monthly plan, you won’t have to worry about a renewal process. Your bond will remain in effect as long as monthly payments are fulfilled. As for those who purchased the bond in full and upfront, Jet will send you a renewal invoice prior to your official bond term expiration date. Simply fulfill the standard premium due and your bond will be all set with the TDLR for another term. It’s that easy!
If you ever need to cancel your Hearing Instrument Fitters and Dispenser Bond, you can do so at any time with Jet Insurance Company. All we ask is that you send us a cancellation request to [email protected]. Once received, we will begin the termination process. A 30-day cancellation notice will be sent to the Texas Department of Licensing and Regulation and the liability of your bond will be released once the liability period has ended.
It is important to note that those who are enrolled in our monthly bond plan will be required to make one last payment for the 30-day period as your bond is technically active during this time. All future payments will cease once this last step has been taken care of and your bond with Jet will be officially terminated.
Individuals, partnerships, and corporations that fit and dispense hearing instruments (such as hearing aids) to the public must follow all rules and regulations pursuant to Title 3, Chapter 402 of the Texas Occupations Code as it applies to the obligations of their license. Failure to comply can lead to the suspension or permanent revocation of your license, civil penalties, and/or a bond claim brought on by the Texas Department of Licensing and Regulation.
Claims on the Hearing Instrument Fitters and Dispensers Bond Bond are rare, but may occur if any of the following violations are committed by the licensee:
If a complaint is made against a licensed fitter or dispenser and it is found to be valid by the Texas Department of Licensing and Regulations, the licensee must attend a mandatory hearing to discuss the violation and whether penalties are necessary. In cases where the TDLR orders the licensee to provide a damaged party with restitution for the losses they incurred, and the licensee is unable or unwilling to do so, the TDLR will file a claim on the Fitting and Dispensing of Hearing Instruments Bond on behalf of the claimant to cover such financial damages.
If you receive an official claim notice from the Texas Department of Licensing and Regulation, contact Jet as soon as possible! Our team will ask that you provide all available information and documentation regarding the claim. These details will be utilized for our own investigation of the alleged transgression.
Per the Fitting and Dispensing of Hearing Instruments Surety Bond form, Jet is legally required to payout justified claims up to the $10,000 bond limit; claim payments will never exceed the amount of the bond. As the licensed fitter and dispenser of hearing instruments, are not only responsible for your own actions but also the actions of your employees. Therefore, you are expected to reimburse Jet for the claim payout made on behalf of your license transgression(s). An omission to do so will result in future difficulties obtaining surety bonds within the State of Texas.