When a New Jersey long-term care facility holds residents’ personal funds in trust, the Department of Health requires it to safeguard that money — a surety bond is the common way to do it under N.J.A.C. 8:39-9.5. We issue it at a flat 3% with no credit check; enter the amount that covers the funds you hold.
















No underwriting queue for the standard resident trust fund bond — enter your amount, pay, and you have the executed bond. Here is the whole thing:
Your facility details, the bond amount that covers your trust balances, 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.
Hold the executed bond as evidence that residents’ funds are protected, ready for a Department of Health survey. Wet-ink originals mailed on request.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the amount that covers your trust balances and the premium updates.
A New Jersey long-term care facility that manages residents’ personal funds must handle that money as a fiduciary. The Department of Health’s standards at N.J.A.C. 8:39-9.5 require the facility to protect resident funds it holds in trust — a surety bond is the common mechanism, payable to the people of New Jersey for the benefit of residents.
It is a three-party arrangement: the facility (the principal), the surety carrier, and the State together with residents (the protected parties). If the facility misappropriates or fails to account for residents’ trust money, a harmed resident can recover against the bond — and if the surety pays, the facility repays the surety.
The amount should cover the resident funds you hold. There is no single statewide figure; facilities size the bond to their trust balances. Enter that amount and we issue the bond at a flat 3% with no credit check.
Submit the application with your required bond amount — the executed bond is generated instantly, ready to hold in your facility records.
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 amount that covers your trust balances and hold it the same day.