Skip to content

Illinois bonds

Illinois — Boxing Or Full Contact Martial Arts (FCMA) Performance Bond

Illinois's PB-BOX performance instrument names the State and People of Illinois and prints a $10,000 total obligation. Match that specific request; the separate $5,000 SB-B surety form is not an established substitute.

Continue to our secure checkout partner, Propeller (opens in a new tab).

Recorded state
Illinois
Bond type
Boxing / MMA Promoter Bond
Category
Entertainment, sports & recreation

What this bond does

The published PB-BOX condition concerns compliance with the described laws, ordinances and rules and damages from covered violations or negligence. The word performance does not make it a custom guarantee limited to a private bout agreement.

Who needs it
A boxing or full-contact martial-arts promoter whose Department request calls for the PB-BOX performance instrument for a new application or renewal. Confirm the actual licensed promoter and required filing rather than selecting only by the sport's name.
Who it protects
The form's State/People obligation includes the described damages caused by the principal, servants or agents. Its $10,000 total applies regardless of years in force or number of claims. That limited bond is not an unrestricted event liability policy.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Check PB-BOX's condition, not only the word performance

PB-BOX identifies a $10,000 performance bond. Its actual condition includes law-compliance and violation/negligence damages; do not replace it with an unrelated private contract guarantee simply because both documents use the word performance.

The Department also posts SB-B, a $5,000 surety instrument with similar condition wording. Similar language does not make the two accepted filing identities or sums interchangeable. Ask which instrument or filings the current request requires before applying.

PB-BOX's printed cancellation clock is 30 days after the Department receives written notice, with earlier accrued liability preserved. Its aggregate does not reset for each claim or multiply for every year. Arrange the required signatures, seals and transaction details on the actual accepted instrument.

Purchase Now opens Propeller for this performance offering. Match PB-BOX, the State/People obligees, actual promoter, $10,000 request, condition and dates before continuing. Use Call if the request is for SB-B, different security or additional filings; complete Department licensing and event requirements separately.

Sources

Have these ready

  1. Obtain the Department's request expressly identifying the performance instrument.
  2. Confirm PB-BOX, State/People obligees, condition and required $10,000 sum.
  3. Provide the actual promoter, office location, insurer and new/renewal transaction.
  4. Arrange principal/surety execution, seals and effective-date information.
  5. Check any additional required filing and current Department delivery directions.

Questions about this bond

Does performance mean only a guarantee of my bout contract?

The posted PB-BOX form uses law-compliance and violation/negligence conditions. Match that actual licensing instrument rather than assuming the title describes a private bout-contract guarantee.

Can I submit the $5,000 SB-B instead?

No substitution is established here. The forms have different identifiers and sums despite similar conditions. Obtain the Department's actual required instrument or filings.

Does each renewal create another $10,000 limit under the form?

The printed aggregate remains $10,000 regardless of years in force or number of claims. Follow the accepted form and current renewal-filing instructions.

Related bonds

Keep exploring

How can we help you get started?

Choose the quote that fits, and we’ll take it from there.

Have a question? Contact us