(844) 589-9732

Connecticut Administrator Bond

December 17, 2020

AmeriPro Surety Bonds offers you the Connecticut administrator bond in the amount that the court requires of you. Up to a $250,000 surety bond requirement, we do so without a credit check inquiry. Higher amounts are contingent upon approval of good credit and supply additional information as requested. Please call us today at 844-589-9732.

Connecticut Administrator Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Surety Bond; Purpose and Amount

 

 

As a condition of being appointed a Connecticut administrator, the court may require you to obtain an administrator bond.  

The Connecticut administrator bond is a probate bond.  This surety bond serves as a financial guarantee to the court, the estate, and any heirs, that you will faithfully abide by your fiduciary responsibilities as administrator.  

The amount of the probate bond will likely be the value of the estate.  Further consideration is sometimes given by the court for estimated income that the estate is anticipated to earn within the following 12 months, if applicable.

This surety bond may be interchangeably referred to as a Connecticut personal representative bond.

 

 

 

Qualifying and the Premium

 

 

 

Our agency offers you the Connecticut administrator bond in any amount that the court requires of you.  Up to a $250,000 surety bond requirement, we also do so without a credit check inquiry.

If you require an administrator bond amount greater than $250,000, approval is subject to review of your surety bond application by an underwriter.  Approval is granted on the determination of “good credit”, as also providing any additional information or documentation requested.

For any administrator bond in Connecticut, our agency will need the following from you:

  • A copy of the court order appointing you administrator and which states the bond amount required of you;
  • A completed surety bond application.  Our agency will send the application to you via DocuSign.  This will facilitate ease and timeliness of completion of your application;
  • Review of your application according to the dollar threshold discussed above;
  • Upon approval of your surety bond, payment of the first annual premium.

Our agency issues your administrator bond along with a Power of Attorney form to you and which you will file with the Connecticut probate court.  We will sign your bond as Surety; you will sign as Principal before filing.

 

 

 

Annual Renewal of the Premium

 

 

 

The premium for your Connecticut administrator bond renews annually on the anniversary of your bond’s issuance for as long as the court requires surety.

Premiums paid are earned in full and are non-refundable in whole or in part.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency.  We provide license and permit, court, probate, and other surety bonds in Connecticut and all 50 states.

Please call our agency today at:

 

844-589-9732

 

Or, you may fill out the form below and a Surety Agent will contact you...

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