What Is a SAG-AFTRA Franchised Talent Agency Bond?
Any talent agency or agent wishing to represent Screen Actors Guild and American Federation of Television and Radio Artists (SAG-AFTRA) members must file a talent agency surety bond.
SAG-AFTRA talent agency bonds protect franchised talent agency clients from monetary loss due to unlawful actions by an agent. The surety contract holds agents liable for following all SAG-AFTRA union regulations and provides financial compensation if they fail to do so.
How Much Do SAG-AFTRA Franchised Talent Agency Bonds Cost?
Your bond amount and personal credit will determine the price you pay for your SAG-AFTRA bond. Bond amounts vary from $5,000 to $20,000. In some states, you may have to post a separate talent agency bond along with a SAG-AFTRA surety bond to create a total coverage amount of at least $20,000.
Your bond premium will be a small percentage, often 1–4%, of the bond amount. For example, a qualified applicant may pay just $200–$800 for a $20,000 SAG-AFTRA bond. Apply now to get an exact quote based on your financial history.
How Do SAG-AFTRA Talent Agency Bonds Work?
These bonds bind a talent agent, SAG-AFTRA and a surety provider in a mutual contract that indemnifies media professionals from any damages caused by wrongful actions of a talent agent.
If an actor, musician, writer or other media professional is harmed, they can file a claim against the bond. The surety will pay out valid claims up to the full bond amount then seek reimbursement from the agency.
How Do I Get a SAG-AFTRA Surety Bond?
SuretyBonds.com provides every client with a fast, easy and accurate bonding process:
- Step 1: Apply online or call SuretyBonds.com to speak with an expert
- Step 2: Receive your free quote within one business day
- Step 3: Pay for your bond online 24/7
- Step 4: File your official bond form with SAG-AFTRA
If you’re in a rush, select overnight shipping at checkout.
Can I Get Bonded With Bad Credit?
Don’t let your financial situation keep you from getting your SAG-AFTRA bond. Our Bad Credit Bonding Program helps us approve 99% of applicants.
