This bond is required for nursing homes in New Hampshire that handle money or property belonging to their residents. When a nursing home manages a patient's personal funds—like Social Security checks or savings—they must get this bond to protect that money. It guarantees that if the nursing home misuses or loses a pat…
Overview
What it is.
This bond is required for nursing homes in New Hampshire that handle money or property belonging to their residents. When a nursing home manages a patient's personal funds—like Social Security checks or savings—they must get this bond to protect that money. It guarantees that if the nursing home misuses or loses a pat…
Who usually needs it
Owners or operators of nursing homes, assisted living facilities, and similar long-term care facilities in New Hampshire that deposit, hold, or manage patient/resident funds in trust accounts. These facilities must maintain the bond as a mandatory condition for licensure and for as long as they handle such funds.
Pricing & timing
What to expect.
Generic pricing
Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending o…
Typical timeframe
Credit-based approval — varies by bond type
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateNHBond amountVaries by license type or projectObligeeNew Hampshire Department of Health and Human ServicesBond classMiscellaneous CommercialCategoryHealthcareBondNew Hampshire Nursing Home Patient Trust BondJurisdictionStatePlain descriptionThis bond is required for nursing homes in New Hampshire that handle money or property belonging to their residents. When a nursing home manages a patient's personal funds—like Social Security checks or savings—they mus…Who needs this bondOwners or operators of nursing homes, assisted living facilities, and similar long-term care facilities in New Hampshire that deposit, hold, or manage patient/resident funds in trust accounts. These facilities must main…
