Florida Professional Guardian Bond
AmeriPro Surety Bonds | 844-589-9732
Update October 2020: The Florida professional guardian bond now requires a credit check for approval. The premium amount, if approved, will be based on your credit score and meeting any other criteria required.
The Florida professional guardian bond should not be confused with a Florida guardian bond. This latter surety bond is required as a court-ordered bond for a guardian or conservator of a minor or an incapacitated adult. These surety bonds may be issued to qualified applicants up to a $100,000 surety bond requirement without a credit check.
What is a Professional Guardian in Florida?
A Florida professional guardian is someone, who, as a profession, and by appointment of a Florida court, acts as a guardian to an individual.
Along with the other licensing requirements to become a professional guardian, a $50,000 surety bond is also required. This professional guardian surety bond is available through AmeriPro Surety Bonds.
Florida Guardian Surety Bond: The Premium or Cost, and Duration
The $50,000 Florida professional guardian bond is issued to you immediately upon completion of an application — which we’ll take over the phone. After payment of the premium, just $250 annually, our agency issues the bond to you immediately. You are automatically approved and there is no credit check nor review by an underwriter for this bond.
Once the bond is issued, the bond along with a Power of Attorney form will be mailed to you. You’ll sign your surety bond and file it and the POA form to the state’s licensing department.
Additional Premium Payment Options
At $250, premium, your professional guardian bond is issued for a one year period. The bond may be prepaid for up to 3 years, thereby offering you a savings over annual renewals.
The premium prepayment options and savings are as follows:
- $450 if prepaid for 2 years, which is a $50 savings;
- $650 if prepaid for 3 years, which is a $100 savings.
$50,000 Florida Professional Guardian Bond: Purpose of this Surety Bond
The purpose of the $50,000 Florida professional guardian bond, besides being required per Statute 744.2003 is a financial guarantee that the professional guardian will comply with all legal statutes, rules, and mandates in the performance of their duties as guardians.
The surety bond, moreover, protects others, namely, those whom the guardian is entrusted to oversee, from acts of fraud, theft, willful misconduct, and criminal malfeasance committed by a guardian in performance of their duties.
Of note is that the bond’s existence and requirement is solely for the benefit of those whom the guardian is appointed over; the bond does not protect the guardian at all.
Possible Additional Surety Bond Required…
According to Statute 744.351, a professional guardian may also be required to obtain a new surety bond — in addition to the $50,000 professional guardian bond — for each new appointment.
If this is applicable for you, the court will inform you of the bond amount required and our agency will be able to facilitate its issuance on your behalf.
AmeriPro Surety Bonds is a surety bonds-only company which provides fiduciary bonds like the professional guardian bond throughout Florida and nationwide.
As an agency, we also provide license and permit, contractor, and court bonds in Florida and nationwide.
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