When a Colorado nursing or care facility holds residents’ personal money in trust, it has to secure those funds. The bond amount tracks the balance you hold on residents’ behalf — we issue it at a flat 3% with no credit check, $275 minimum.
















No underwriting queue for the standard patient trust bond — enter your amount, pay, and you have the executed bond. Here is the whole thing:
Your facility details, the amount of resident funds you hold, and the effective date — that is the entire application.
No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
Keep the executed bond on file as evidence your residents’ trust funds are secured. Wet-ink originals mailed on request.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the resident funds you hold and the premium updates.
When residents hand a facility money to hold — for personal spending, small purchases, care incidentals — federal nursing-home rules (42 C.F.R. 483.10) require the facility to safeguard those funds and assure their security, commonly through a surety bond. The bond protects residents if their trust money is lost, stolen, or misapplied.
Colorado mirrors this in C.R.S. 25.5-6-206, which requires a facility holding a patient personal-needs trust fund to post a surety bond sufficient to secure those funds (or otherwise satisfy the state department that the money is secured), to keep complete and separate accounting, and never to commingle residents’ money with the facility’s own.
The bonded amount is generally the total resident funds held, reviewed on a quarterly basis. We issue whatever figure applies at a flat 3% with no credit check — and if your balance grows, you can file a replacement bond for the higher amount.
Submit the application with the amount of resident funds you hold — the executed bond is generated instantly, ready to keep on file.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
Five-minute application, flat 3%, $275 minimum. Enter the funds you hold and keep it on file the same day.