(844) 589-9732

New Jersey Guardian Bond

November 4, 2020

The New Jersey guardian bond is offered up to $100,000 without a credit check inquiry. We also offer greater amounts, as ordered by the court, on approval of your good credit. Please call AmeriPro Surety Bonds at 844-589-9732.

New Jersey Guardian Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Surety Bond of Guardians; Purpose

 

 

 

A New Jersey guardian may be appointed as such to manage the affairs of a minor, someone incapacitated, or both.  Another term you may hear in this connection is as a conservator.  Both guardian and conservator are synonymous.

A guardian surety bond may be required of you as a condition of your appointment.  According to New Jersey statute Section 3B: 15-7, as amended, the surety bond requirement serves as a financial guarantee that you will:

  • Manage the affairs of the person to whom you have been appointed to the best of your ability;
  • To give an accounting of your guardianship to the court as ordered;
  • And, if required, to settle the accounts of the estate within the time appointed.

Thus, while the surety bond is required as a condition of your appointment, its benefit is for the person over whom you’ve been appointed, and the presiding court.

 

 

 

Qualifying and the Premium  

 

 

 

Our agency can offer you the New Jersey guardian bond in whatever amount required.

If the court requires a surety bond of you up to $100,000, we can approve you without a credit check inquiry.

If you require a conservator/guardian bond greater than $100,000, your application will be subject to the review of a surety bond underwriter.  This review process includes a credit check inquiry.  Additionally, as the case may be, the underwriter may ask for additional information.  To be approved with a credit check inquiry, good credit is required.

Regardless of the amount of your NJ conservator bond, our agency will need the following from you:

  • A copy of the court order appointing you as a guardian and mandating a conservator/guardian surety bond requirement.  This order is crucial because it provides our agency with everything that’s needed to be included on your surety bond;
  • A completed surety bond application, subject to review based on the amounts discussed above.  The application may be sent to you via DocuSign.  This allows for ease of completing the application;
  • Upon approval of your guardian surety bond application, payment of the premium.

 

 

 

Issuing and Filing Your Guardian Bond

 

 

 

Our agency issues your guardian bond, which we sign as Surety, and a Power of Attorney form upon receipt of payment of the premium.

Your surety bond documents are mailed to you for signing as Principal.  After signing, you’ll file all documents with the respective court.

 

 

 

Annual Renewal of the Premium  

 

 

 

The premium associated with your New Jersey conservator bond renews annually, on the anniversary of your surety bond’s issuance, for as long as the court requires surety.  

Premiums paid are earned in full.  There is no refunding, in full or in part, of any premiums paid.

 

 

 

About Our Agency

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit, court, probate, and other surety bonds in New Jersey 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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