Illinois trustee bonds.
Faithful performance, underwritten fast.
A trustee holds and manages trust property for the beneficiaries — and sometimes must post security to do it.
Under the Illinois Trust Code (760 ILCS 3/702), the court sets the bond amount when the trust or the court requires one.
These bonds are underwritten, not flat-rated.
Send us the trust details and a surety specialist returns a quote — usually within one business day.
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Built so you can administer the trust.
When the trust or the court requires security, the bond has to be in place before you act. Here is the whole process:
Send us the trust details
Apply online with the bond amount the trust or court requires and the value of the trust property. We size from those figures.
A specialist underwrites it
A surety specialist reviews the trust, the trustee’s background, and indemnity. Larger trusts may call for financials or collateral — we raise that up front.
Execute & file
We issue the executed bond on the required form so it can be filed where the trust or the court directs.
What it is and who needs it.
When a trustee needs a bond
A trustee holds legal title to trust property and manages it for the benefit of others. Most of the time a well-drafted trust waives bond — but not always.
Under the Illinois Trust Code, a trustee must give bond to secure performance of their duties when the court finds it’s needed to protect the beneficiaries or when the trust instrument requires it and the court hasn’t dispensed with it. The trustee bond then guarantees faithful performance: if the trustee breaches their duties, the beneficiaries can recover against it.
Because the exposure is the trust property, these bonds are underwritten rather than flat-rated, and large trusts may require financials or collateral. We size and quote once we see the trust and the required amount.
You need this bond if you’re
The application takes about ten minutes.
Tell us about the trust and the required amount. A surety specialist underwrites it and returns a quote — usually within one business day. Free until your bond is issued.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
What is an Illinois trustee bond? +
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Other New York bonds.
Serving as a trustee and need a bond?
Send us the trust details and a surety specialist underwrites and quotes your trustee bond — usually within one business day. Free until your bond is issued.