New Jersey SAG-AFTRA Franchised Talent Agency Surety Bonds
What is a New Jersey (NJ) SAG-AGTRA Franchised Talent Agency Surety Bond
The SAG-AGTRA Franchised Talent Agency Surety Bond is a specific classification of Commercial Surety Bonds that is required by the Screen Actors Guild and the American Federation of Television and Radio Artists, also known as SAG-AFTRA. The strengths of two great American labor unions combine to help its members negotiate the best wages, working conditions, health/pension benefits and helps protect its members from the unauthorized use of their works. In order to represent actors, announcers, broadcasters journalists, dancers, DJs, news writers, news editors, program hosts, puppeteers, recording artists, singers, stunt performers, voiceover artists or other media professionals, you must be licensed as a Franchised Talent Agent through SAG or AFTRA.
Who is required to post a New Jersey (NJ) SAG-AGTRA Franchised Talent Agency Surety
To become a SAG-AFTRA Franchised Talent Agency in Legacy SAG or Legacy AFTRA’s jurisdiction, you must apply for the license and provide a SAG - AFTRA Franchised Talent Agency Surety Bond along with your application. The amount of the bond is determined by the State and the Union rules which state that an agency (franchised for both SAG and AFTRA work) must have a minimum $20,000 surety bond. So if you want to become a franchised talent agency in a state where there is no state bonding requirements, you simply need a $20,000 SAG-AFTRA Franchised Talent Agency Bond. In a State where there is already a bond requirement set in place the agency is required to post a bond in an amount to make the total bonding equal to $20,000 .
How much is a New Jersey (NJ) SAG-AGTRA Franchised Talent Agency Surety Bond
The base rate for a SAG-AGTRA Franchised Talent Agency Surety Bond is typically 1% of the required bond amount for qualifying accounts. Factors such as personal credit and experience of the applicant will determine eligibility. Do you have credit issues? Don’t worry our Bad Credit Surety Bond Program lets you get the bond you need even though you may not qualify through standard surety companies! Let the underwriters at A1SuretyBonds.com provide your required bond at the lowest possible rate!
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