NJ resident trust fund bonds.
Flat 3%. Enter your amount.

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.

Required under N.J.A.C. 8:39-9.5 when a facility manages residents’ personal trust funds
Amount should cover the resident funds you hold — it scales with your trust balances
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
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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 resident trust fund bond — enter your amount, pay, and you have the executed bond. Here is the whole thing:

TODAY · 5 MINUTES

Apply online

Your facility details, the bond amount that covers your trust balances, 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 with your facility records

Hold the executed bond as evidence that residents’ funds are protected, ready for a Department of Health survey. Wet-ink originals mailed on request.

The whole pricing page.

Bond amount × 3% = your premium, one-time, $275 minimum. Enter the amount that covers your trust balances 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 resident trust fund bond actually covers

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.

N.J.A.C. 8:39-9.5 (Standards for Licensure of Long-Term Care Facilities)New Jersey’s long-term care facility licensure standards (N.J.A.C. 8:39) require a facility that manages residents’ personal funds to protect that money, including by surety bond, for the benefit of residents. Confirm the required amount and form with the Department of Health and size the bond to the trust balances you hold.

You need this bond if you are

A nursing or long-term care facility holding residents’ personal funds in trust
An assisted living residence that manages money on residents’ behalf
A new facility setting up a resident trust account before admission
Replacing a lapsed bond to stay compliant for your next Department of Health survey

Five minutes, issued on the spot.

Submit the application with your required bond amount — the executed bond is generated instantly, ready to hold in your facility records.

Start the application →
FAQs

Common questions.

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

How much is the New Jersey resident trust fund bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. The amount itself should cover the residents’ funds you hold in trust, so it scales with your balances. Enter that figure and the quote updates.
Why does New Jersey require it? +
When a long-term care facility holds residents’ personal funds, it must safeguard that money. Under the Department of Health’s licensure standards (N.J.A.C. 8:39-9.5), a surety bond is a common way to protect those funds for the benefit of residents.
Is there a credit check? +
No — this bond is issued with no credit pull. Larger bond amounts may get a quick soft-pull review, which never affects your credit score.
What amount should I choose? +
Size it to the resident funds you hold in trust — facilities typically use their average or peak trust balance. There is no single statewide figure; if you are unsure, check with your Department of Health surveyor or send us your balances and we’ll help you choose.
What does the bond protect against? +
It protects residents against loss if the facility misappropriates or fails to account for the personal funds it holds in trust. If the surety pays a valid claim, the facility repays the surety.
Related bonds

Other New York bonds.

Resident trust fund bond, issued today.

Five-minute application, flat 3%, $275 minimum. Enter the amount that covers your trust balances and hold it the same day.

Your premium @ 3%$300
Apply now →