The SAG-AFTRA franchise bond is a surety bond required of talent agencies that are franchised by SAG-AFTRA (the Screen Actors Guild – American Federation of Television and Radio Artists). To represent union members and be recognized as a franchised agency, agencies agree to the union's franchise terms — which include posting a bond that protects the performers they represent.
What the Bond Guarantees
The SAG-AFTRA franchise bond guarantees that a franchised agency will:
- Represent union members in accordance with SAG-AFTRA's franchise rules
- Properly handle funds owed to the artists it represents
- Conduct business ethically and honestly
- Protect the interests and rights of performers
If the agency fails to meet these obligations, a claim can be filed against the bond to compensate harmed performers.
Who Needs a SAG-AFTRA Franchise Bond?
Any talent agency seeking or maintaining a SAG-AFTRA franchise to represent union actors, broadcasters, recording artists, and other members needs this bond. It is typically required in addition to the state talent agency license bond.
Need Both Bonds?
Most SAG-AFTRA franchised agencies in California also need the $50,000 state talent agency bond. We can write both bonds together, streamlining the process and saving you time.
How Much Does It Cost?
Like other surety bonds, you pay an annual premium rather than the full bond amount. The premium is based primarily on your personal credit and business history. We work with multiple A-rated surety companies to find you the most competitive rate.
How to Get Your Bond
- Contact us for a free quote.
- Complete a short application.
- Get approved and pay your premium.
- Receive your bond for your SAG-AFTRA franchise.
Why Advanced Surety?
We specialize in entertainment industry bonds and serve talent agencies throughout Los Angeles and California. With a former underwriter guiding your application and access to multiple sureties, we make bonding fast and affordable — and can bundle your state and franchise bonds together.