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What Is A Guardianship Bond?

A guardianship bond is required of a person who assumes legal custody of a minor or disabled person (unless otherwise stated in a will). The guardianship bond is a form of insurance that insures the wellbeing of the minor or disabled person and protects against unethical or illegal actions.

Before guardians purchase a surety bond from an agency, they must submit themselves to a credit check, have their application approved, and go through other screening processes.

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