Platinum Bonds Insurance Agency
Research before you apply.This bond is required for nursing homes in West Virginia that handle money or property belonging to their residents. When a nursing home manages a patient's personal funds or valuables, this bond protects those assets from theft, misuse, or mismanagement. If the facility improperly uses a resident's money or belonging…
This bond is required for nursing homes in West Virginia that handle money or property belonging to their residents. When a nursing home manages a patient's personal funds or valuables, this bond protects those assets from theft, misuse, or mismanagement. If the facility improperly uses a resident's money or belonging…
West Virginia nursing homes (long-term care facilities providing 24-hour nursing care to four or more residents) that manage or hold residents' personal funds in trust are required to obtain this bond. This includes licensed nursing homes handling resident deposits, but excludes those managing less than $35 per resident per month in aggregate.
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.