Veteran Bond Services

Providing Veteran Bonds in Florida

If you are a VA fiduciary controlling the funds for a VA beneficiary, the Veterans Administration may expect you to guard the beneficiary’s funds by acquiring and retaining a surety bond. Arne Carlson Insurance offers a simplified path to obtain a VA fiduciary bond in Florida. The VA fiduciary surety bond is essentially a type of court bond and typically, most non-family members that are fiduciaries of Veteran Affairs funds, are expected to acquire this type of bond by the Department of Veteran Affairs.

The bond is made to guarantee the proper allocation and handling of funds, and to protect against fraud and dishonest transactions on the side of fiduciaries. If a fiduciary breaches the conditions of the bond, by misappropriating or improperly distributing assets, a claim can be made against their bond. Claimants are those individuals who have experienced harm and damages because of such actions.

If you want to know more or would like to speak to an expert on our team, please contact Arne Carlson Insurance today.