Veteran’s Affairs Fiduciary Bond
What is a Veteran’s Affairs Fiduciary Bond?
A Veteran’s Affair Fiduciary Bond is required of a guardian or fiduciary who handles funds on behalf of a Veteran from any military division in the United States. The bond ensures that the Veteran receives all of the benefits they are entitled to and that the fiduciary adheres to only the well being of the Veteran and their dependents.
How does a Veteran’s Affairs Fiduciary Bond work?
This type of Surety Bond guarantees that the company or person handling the financial and fiduciary affairs of a Veteran is ethical and honest while making sure the Veteran is receiving 100% of eligible benefits. The bond amounts can be increased or decreased as the value of the Veteran’s accounts or benefits changes. The amounts may change annually.
How much does a Veteran’s Affairs Fiduciary Bond Cost?
The cost for a Veteran Affairs Fiduciary Bond is typically based on the credit history of the person who will be in charge of the Veteran’s financial wellbeing and benefits. The best measure for quoting will be based on the personal credit history of the guardian or caregiver that is required to post the bond. Should an applicant be considered borderline, we may need to review personal financials or possibly a resume to arrive at a quote. At Universal Service Agency we specialize in placing clients in any circumstance that may present itself from “superior credit” to “less than perfect credit” and everything in between.
How do I get a Veteran’s Affairs Fiduciary Bond?
You can get a Veteran’s Affairs Fiduciary Bond by contacting surety bond agents/brokers. Since you’re already here, you can give us a call at 215-646-2400 or Apply Now here.
How to Choose a Bonding Company?
Universal Service Agency offers Surety Service Made Simple. We are the fastest surety only agency in the country, with over 100 years of combined surety experience servicing all 50 states. We exhaust all of our resources to get you the fastest turnaround times and lowest rates. We can help anyone, even clients that may not fit into the standard market. You can get a free quote here or call our bond experts at 215-646-2400.
How long does it take to get a Veteran’s Affairs Fiduciary Bond?
Universal Service Agency can issue bonds the same day an application is received. The amount of time between application and issuance is affected by a number of factors though, including but not limited to, the size of the obligation, the type of bond, and promptness of the premium payment.
Ready to Apply? It's simple!
Universal Service Agency is the fastest “surety only” agency in the country, with over 100 years of combined surety experience servicing all 50 states.