OH nursing home trust fund bonds.
Flat 3%. Enter your amount.
When an Ohio nursing home manages residents’ money, ORC 3721.15 requires it to secure those funds — a surety bond is the usual way. We issue it at a flat 3% with no credit check; the amount is sized to the resident funds you hold.
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Apply to filed in one sitting.
No underwriting queue for the standard trust-fund bond — enter your amount, pay, and file. Here is the whole thing:
Apply online
Your facility details, the bond amount that secures the resident funds you hold, and the effective date — that is the entire application.
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.
File as your assurance of security
Hold the executed bond as the assurance ORC 3721.15 requires. Wet-ink originals mailed whenever you need them.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Size the amount to the resident funds you hold and the premium updates.
What it is and who needs it.
What the trust fund bond actually covers
When an Ohio nursing home or residential care facility manages a resident’s financial affairs — holding a personal-needs allowance account or other resident funds — ORC 3721.15 requires it to purchase a surety bond or otherwise provide assurance satisfactory to the Director of Health (or, for Medicaid homes, the Medicaid Director) to assure the security of all residents’ funds it manages.
The bond is a resident-protection guarantee: it stands behind the money the home holds in trust. If a facility mismanages, misapplies, or fails to return residents’ funds, residents can recover against the bond.
It is not insurance for the home — if the surety pays a claim, the home repays the surety. The statute does not fix a dollar figure; the amount is set to secure the funds the home actually manages, so enter that figure and we issue it at a flat 3% with no credit check.
You need this bond if you are
Five minutes, issued on the spot.
Submit the application with the bond amount that secures your resident funds — the executed bond is generated instantly, ready to hold as your assurance.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
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Other New York bonds.
Trust fund bond, issued today.
Five-minute application, flat 3%, $275 minimum. Enter the amount that secures your resident funds and hold it the same day.