IL resident’s fund bonds.
Flat 3%. Soft pull.
If your Illinois facility accepts and manages residents’ personal funds, the Nursing Home Care Act requires a surety bond to guarantee that money. It runs to the Illinois Department of Public Health for residents’ benefit — we issue it at a flat 3% with one soft credit pull that never affects your score.
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Three steps to filed.
Your IDPH licensure file is waiting on this bond. Here is the whole process — no broker phone tag:
Apply online
Your facility details, the maximum resident-fund figures, and the bond amount — that is the application, plus a one-time consent to a soft credit pull.
Reviewed & approved
Most clear quickly; if underwriting needs anything, an underwriter reaches out within 48 hours. The credit check is a soft pull that never affects your score.
File with the Department of Public Health
Receive the executed bond ready to file with IDPH, Division of Long-Term Care. Wet-ink originals mailed whenever the Department insists.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the resident-fund figure your facility holds and the premium updates.
What it is and who needs it.
What the resident’s fund bond actually covers
Illinois licenses long-term care facilities through the Department of Public Health under the Nursing Home Care Act (210 ILCS 45). Many residents ask the facility to hold and manage their personal spending money — and Section 2-201 conditions that on a surety bond, so the funds are safe even if the facility fails or mishandles them.
It is a three-party guarantee: the facility (the principal), the surety carrier, and the Department of Public Health (the obligee), with residents as the protected parties. If resident money is lost, misapplied, or not returned, a harmed resident can recover against the bond.
It is not insurance for the facility — if the surety pays a claim, the facility repays the surety. Facilities that keep clean trust-account records treat the bond as a licensure formality, not a risk. We track it and notify you 60 and 30 days before expiration so your licensure filing never lapses.
You need this bond if you are
Five minutes. The whole thing.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Illinois resident’s fund bond? +
When does my facility need this bond? +
Is there a credit check? +
Who does the bond protect? +
What amount should I choose? +
Other New York bonds.
Resident’s fund bond, handled today.
Flat 3%, $275 minimum, five-minute application. Soft pull only, e-signed bond in 1–2 business days. Free until issued.