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Guardianship Bond

Patient Fund Surety Bond

A Patient Fund Surety Bond is required for facilities or individuals in Nevada who manage money on behalf of patients or residents who cannot handle their own finances. This includes nursing homes, assisted living facilities, and similar care centers. The bond protects patients by guaranteeing their funds will be prop…

Overview

What it is.

A Patient Fund Surety Bond is required for facilities or individuals in Nevada who manage money on behalf of patients or residents who cannot handle their own finances. This includes nursing homes, assisted living facilities, and similar care centers. The bond protects patients by guaranteeing their funds will be prop…

Who usually needs it

Health care facilities and agencies in Nevada obtaining or renewing licenses must obtain this bond, including facilities for intermediate care, facilities for skilled nursing, residential facilities for groups, homes for individual residential care, agencies providing personal care services in the home, and agencies providing nursing in the home. The bond i…

Pricing & timing

What to expect.

Generic pricing

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…

Typical timeframe

Probate/fiduciary application — typically 3–5 business days

Application

What to do next.

  1. Tell us the bond name, state, and amount on your form.
  2. Share business and applicant info so the team can quote it.
  3. Sign and pay; we issue the bond and send you the documents.
  4. Keep your effective date and renewal date on file with us.
Start the application.

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Details

Bond details.

StateNV
Bond amountVaries by license type or project
ObligeeNevada Department of Health & Human Services, Aging and Disabilty Service a Division of Health and Human Service
Bond classGuardianship Bond
CategoryOther
BondPatient Fund Surety Bond
Plain descriptionA Patient Fund Surety Bond is required for facilities or individuals in Nevada who manage money on behalf of patients or residents who cannot handle their own finances. This includes nursing homes, assisted living facil…
Who needs this bondHealth care facilities and agencies in Nevada obtaining or renewing licenses must obtain this bond, including facilities for intermediate care, facilities for skilled nursing, residential facilities for groups, homes fo…
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Next step

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