We are pleased to provide Deputy Bonds for Professional Deputies. Our Bond fulfills all the requirements of the Office of the Public Guardian (OPG) and we have been approved by them to issue bonds.
The Bond guarantees to pay any financial losses suffered by ‘P’ arising from the Deputy’s failure to perform their duties as directed by the Court of Protection and/or OPG.
The Bond has a range of features which has been tailored to the needs of ‘P’ and the Deputy. One of our main features is our payment options. We are the only bond provider to offer a one-off payment option enabling big premium savings and reduced administration.
The bond also have free retrospective cover and premium free discovery periods.
Our team has over 50 years’ experience issuing security bonds for Clients who are the subject of a Deputyship. Over the years these Bonds have been claimed against to recover millions of pounds due to misappropriation by Deputies.
We are able to offer bonds to Professional Deputies ranging from £10,000 to £5 million with a choice of payment options to best suit ‘P’.
Our one-off payment option starts from just £30 for a bond of £10,000. We are able to offer a ‘5 year payment option’ to spread the cost with no further premiums requested once 5 payments have been collected.
The bond can be purchased via our online application system. The application will only take a few minutes with confirmation document sent by email. You will also receive a payment invoice inviting you to setup a direct debit
t. (0800) 772 0886
Security Bonds Limited, Tower House, Parkstone Road, Poole, Dorset BH15 2JH
Security Bonds Limited is Registered in England No. 11616784 is authorised and regulated by the Financial Conduct Authority under Firm Reference No. 843895