CO personal needs fund bonds.
Flat 3%. Enter your amount.
When a Colorado developmental-disabilities or care facility holds residents’ personal-needs money in trust, it has to secure those funds. The bond amount tracks the balance you hold — we issue it at a flat 3% with no credit check, $275 minimum.
Trusted by industry leaders
Apply to filed in one sitting.
No underwriting queue for the standard personal-needs bond — enter your amount, pay, and you have the executed bond. Here is the whole thing:
Apply online
Your facility details, the amount of personal-needs funds you hold, and the effective date — that is the entire application.
Issued on the spot
No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
Keep on file for the state department
Hold the executed bond as evidence residents’ personal-needs funds are secured. Wet-ink originals mailed on request.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the personal-needs funds you hold and the premium updates.
What it is and who needs it.
What the personal needs bond actually covers
Residents of long-term-care and developmental-disabilities facilities often keep small amounts of money — a personal-needs allowance for clothing, haircuts, and incidentals — that the facility holds for them. Colorado law requires the facility to safeguard that money so a resident can recover it if it’s lost, stolen, or misapplied.
Under C.R.S. 25.5-6-206 (with the personal-needs trust fund provision at 25.5-6-411), a facility holding a patient personal-needs trust fund must post a surety bond sufficient to secure those funds — or otherwise demonstrate to the satisfaction of the state department that the funds are assured. It must also keep complete, separate accounting and never commingle residents’ money with its own.
The bonded amount tracks the balance you hold on residents’ behalf. We issue whatever figure applies at a flat 3% with no credit check — and if your balance grows, you file a replacement bond for the higher amount.
You need this bond if you are
Five minutes, issued on the spot.
Submit the application with the personal-needs funds you hold — the executed bond is generated instantly, ready to keep on file.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Colorado personal needs fund bond? +
Why is this bond required? +
Is there a credit check? +
What amount should I bond for? +
What if my balance changes? +
Other New York bonds.
Personal needs bond, issued today.
Five-minute application, flat 3%, $275 minimum. Enter the funds you hold and keep it on file the same day.