Platinum Bonds Insurance Agency
Research before you apply.A Patient Fund Bond is required for healthcare facilities in Colorado that hold money belonging to their patients. If your facility manages personal funds for patients who live there - like nursing homes or assisted living centers - you need this bond. It protects patients by guaranteeing they'll get their money back …
A Patient Fund Bond is required for healthcare facilities in Colorado that hold money belonging to their patients. If your facility manages personal funds for patients who live there - like nursing homes or assisted living centers - you need this bond. It protects patients by guaranteeing they'll get their money back …
Nursing homes, long-term care facilities, assisted living facilities, home and community-based services providers, intermediate care facilities, and caregivers in Colorado that manage patient or resident trust funds must obtain this bond as a licensing requirement to ensure they handle residents' personal funds honestly and ethically in their fiduciary role.
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.