Platinum Bonds Insurance Agency
Research before you apply.This bond is required for Minnesota nursing homes that manage money or property belonging to their patients. When families entrust a nursing home to handle a resident's personal funds—like social security checks or spending money—this bond protects those assets. If the nursing home misuses or steals a patient's money,…
This bond is required for Minnesota nursing homes that manage money or property belonging to their patients. When families entrust a nursing home to handle a resident's personal funds—like social security checks or spending money—this bond protects those assets. If the nursing home misuses or steals a patient's money,…
Operators and administrators of nursing homes, assisted living facilities, extended care facilities, and long-term care facilities in Minnesota that manage residents' personal funds must obtain this bond to get or renew their operating licenses and ensure faithful safeguarding of patient trust funds.
Guardianship bonds protect the interests of minors or incapacitated persons under court-appointed guardianship. Pricing Information:. Court bonds are reviewed case-by-case and must be approved before pricing can be provided. • Bond amount: Set by the court based on the ward's assets. • What affects pricing: Asset value, type of guardianship, credit and financial strength. • Collateral: May be required depending on asset value. • Ongoing requirement: Many guardianship bond…
Probate/fiduciary application — typically 3–5 business days
Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.