Vermont Guardian Bond
AmeriPro Surety Bonds | 844-589-9732
Vermont Guardians; Amount of Surety Required and Purpose
As a condition of your appointment as a Vermont guardian, you may have been informed that a surety bond is required.
When required, according to Vermont law, the amount of guardian surety bond should be equal to the value of the personal estate, plus the anticipated income the estate is projected to earn within one year. As circumstances change, the court may also require more surety.
The guardian bond is also called a Vermont conservator bond. For purposes of meeting the surety bond requirement, both terms may be used interchangeably.
Your bond is a financial guarantee of your compliance with all laws and applicable rules as a conservator/guardian.
Qualifying and the Premium
Our agency offers you the Vermont guardian bond in whatever amount that the court requires of you. Up to a $100,000 guardianship bond requirement, we also do so without a credit check inquiry.
If you require a conservator/guardian bond greater than $100,000, to be approved a surety bond underwriter will review your application. Good credit will be required for approval, as also supplying any additional information requested.
For any surety bond amount, our agency will need the following from you:
- A copy of the Vermont court order or minutes stating that a surety bond is required;
- A completed surety bond application. The application can be sent to you via DocuSign;
- Review of your application subject, in part, to the dollar amounts discussed above;
- Upon approval of your application, payment of the first annual premium.
Upon payment of the first annual premium, our agency issues your bond to you immediately. Included with your surety bond will be a Power of Attorney form.
You will sign and file both your surety bond and POA form with the presiding probate court.
Annual Renewal of the Premium
The premium for your Vermont conservator/guardian bond renews annually on the anniversary of its issuance for as long as the court requires surety.
Premiums paid are earned in full and are non-refundable, both in part and in whole.
Please call our agency today at:
Or, you may fill out the form below and a Surety Agent will contact you…