Arizona patient trust funds bonds.
From $100.
A patient trust funds bond stands behind the personal spending money a licensed Arizona care facility holds in trust for its residents, money the facility is expected to safeguard. The bond amount is what your facility holds. We price it at 1% of the bond amount, $100 minimum.
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How much does an Arizona patient trust funds bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard patient trust bond — enter your amount, pay, and file. Here is the whole thing:
Apply online
Your facility details, the bond amount matching your trust account, and the effective date — that is the application.
Issued on the spot
No credit check up to $250,000. Above that, the carrier may run a soft pull, which never affects your score.
File with your licensing or trust records
Keep the executed bond on file as evidence that resident funds are protected. Wet-ink originals mailed whenever you need them.
What it is and who needs it.
What the patient trust bond actually covers
Arizona licenses health care institutions — nursing care, assisted living, and behavioral health facilities — through the Department of Health Services under A.R.S. Title 36, Chapter 4 and the licensing rules in the Arizona Administrative Code. Facilities that manage residents’ personal funds are expected to keep that money separate and account for it.
A patient trust funds bond is a resident-protection guarantee: it backs the personal spending money a facility holds in trust for its residents. If a facility misapplies, loses, or fails to account for those funds, a harmed resident — or the state on their behalf — can recover against the bond.
The right amount tracks the balance of resident funds you hold, so size it to your trust account. We issue the bond from $100, and no credit check up to $250,000. Confirm the exact figure with ADHS or your facility’s licensing requirement — if the surety pays a claim, you repay the surety.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with your licensing or trust records. Keep the executed bond on file as evidence that resident funds are protected. Wet-ink originals mailed whenever you need them.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $250,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with the amount matching your resident trust balance — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other Arizona bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Patient trust funds bond, issued today.
Priced at 1% of the bond amount, $100 minimum. Enter the amount matching your trust account and file the same day.