CT patient trust funds bonds.
Flat 3%. Enter your amount.

When a Connecticut care facility manages residents’ personal funds under C.G.S. 19a-551, a surety bond can be required to guarantee those funds are handled honestly and kept separate from the facility’s own money. We issue it at a flat 3% with no credit check — enter the amount required and the premium updates.

Backs residents’ personal funds a facility holds in trust under C.G.S. 19a-551
Amount is set by the facility or regulator — often tied to the funds you hold on account
Flat 3%, no credit pull — enter your required bond amount and the premium updates
Flat 3%of your bond amount$275minimum premiumNo creditcheck to issue
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Apply to filed in one sitting.

No underwriting queue for the standard patient trust funds bond — enter your amount, pay, and file. Here is the whole thing:

TODAY · 5 MINUTES

Apply online

Your facility details, the bond amount required, and the effective date — that is the entire application.

INSTANTLY

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.

SAME DAY

File where it’s required

Submit the executed bond to the agency or program that requested it. Wet-ink originals mailed whenever they insist.

The whole pricing page.

Bond amount × 3% = your premium, one-time, $275 minimum. Enter the amount your situation requires and the premium updates.

$5,000 bond
$275
$10,000 bond
$300
$25,000 bond
$750
About this bond

What it is and who needs it.

What the patient trust funds bond actually covers

Connecticut nursing homes and residential care homes may, with a resident’s written consent, manage that resident’s personal funds under C.G.S. 19a-551. The statute requires the facility to keep those funds in separate resident accounts or an aggregate trust account, so they are never commingled with the facility’s own money, and to account for them on request.

A surety bond backing those funds is a resident-protection guarantee. It protects residents (and the program overseeing the facility) against loss if the facility mishandles, misappropriates, or fails to return personal funds it holds in trust. Federal Medicaid/Medicare participation rules similarly require facilities to assure that residents’ funds are secure, often through a bond.

Because the amount depends on the funds you hold and the requirement that applies to you, there is no single statutory figure here — enter the amount you were asked to bond. We issue it at a flat 3% with no credit check, and if the surety pays a claim, you repay the surety.

C.G.S. 19a-551 (resident personal funds)Connecticut General Statutes 19a-551 governs the management of a nursing home or residential care home resident’s personal funds: the facility must hold them with the resident’s written consent, keep them in separate or aggregate trust accounts without commingling, and account for them. Bonding of resident funds is also addressed by federal Medicaid/Medicare conditions of participation. The required bond amount depends on the funds held and the program requiring it — confirm the figure with the agency or program that requested the bond.

You need this bond if you are

A nursing or residential care home managing residents’ personal funds in trust
An assisted living or care facility asked to bond resident funds it holds
Meeting a Medicaid/Medicare condition to assure residents’ funds are secure
Replacing an expiring bond that backs your patient trust account

Five minutes, issued on the spot.

Submit the application with your required bond amount — the executed bond is generated instantly, ready to file.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Connecticut patient trust funds bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. The amount itself is set by the requirement that applies to you — commonly tied to the total resident funds you hold at any one time. Enter that figure and the quote updates.
Why is the bond required? +
It protects residents’ personal funds. When a facility manages those funds under C.G.S. 19a-551 (and the federal participation rules), a bond guarantees the money is handled honestly and returned when due — the funds must stay separate from the facility’s own accounts.
What amount should I choose? +
Use the amount the requiring agency or program named, which usually reflects the personal funds you hold for residents. If you are unsure, send us the request and we will confirm before issuing.
Is there a credit check? +
No — the patient trust funds bond is issued with no credit pull. Larger bond amounts may get a quick soft-pull review, which never affects your credit score.
What does it protect against? +
Loss to residents if the facility mishandles or fails to return personal funds it holds in trust. If a valid claim is paid, you repay the surety — it is a guarantee, not insurance for the facility.
Related bonds

Other New York bonds.

Patient trust funds bond, issued today.

Five-minute application, flat 3%, $275 minimum. Enter your required amount and file the same day.

Your premium @ 3%$300
Apply now →