If you are engaged in the operation of a private school in New Jersey you are required by the State of New Jersey Department of Labor and Workforce Development to file a New Jersey Private School Bond as a condition of licensure.
Bonds Express offers a New Jersey Private School Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The New Jersey Private School Bond holds you accountable for your business decisions.
By possessing a New Jersey Private School Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.