In New York, a guardian may have to purchase a court ordered guardianship fiduciary bond to protect the person who needs a guardian, not the guardian him or herself. This bond ensures that the ward is repaid any money lost due to malfeasance of the guardian.
Guardians for property management often are required by the court to purchase a guardianship fiduciary bond while Guardians for Personal Needs often are not. The judge makes the ultimate decision on whether a guardian needs to be bonded. Learn more about New York guardianship fiduciary bonds.
Colonial Surety offers the direct and digital way to obtain guardianship bonds. We are the insurance company — which means no agent, no broker, and no middleman. We make it easy to obtain your bond instantly. The steps are easy — get a quote online, fill out your information, satisfy underwriting requirements, and enter your payment method. Print or e-file your bond from your office. It’s that simple!