When a Louisiana nursing facility accepts and manages residents’ personal funds, it must post a bond protecting those funds. We issue it at a flat 3% with no credit check — the amount tracks the most resident money you hold, so enter that figure and the premium updates.
















No underwriting queue for the standard resident fund bond — enter your amount, pay, and file. Here is the whole thing:
Your facility details, the peak resident-fund figures, 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.
Submit the executed bond as the Department of Health requires for facilities that manage resident funds. Wet-ink originals mailed whenever the state insists.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the most resident funds your facility holds and the premium updates.
A nursing facility that holds money for its residents — Social Security checks, spending accounts, personal-needs funds — acts as a fiduciary for vulnerable people. Both federal nursing-home rules and Louisiana’s licensing framework require the facility to protect those resident funds with a surety bond or equivalent security.
The bond amount is not fixed — it tracks the money you actually hold. The standard measure is the greatest of the maximum resident funds managed at any point in the past year, or the estimated maximum for the coming year, whichever is larger. The application asks for both figures and bonds to the higher one.
If a facility mismanages or fails to account for resident funds, the bond stands behind the residents and their estates. It is not insurance for the facility — if the surety pays a claim, the facility repays the surety. We issue the amount your figures call for at a flat 3% with no credit check.
Submit the application with your peak resident-fund figures — the executed bond is generated instantly, ready to 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 most resident funds you hold and file the same day.