Arizona Administrators | Administrators Surety Bond
Also known as: administrator bond
Type of Bond
An Arizona administrator's bond refers to a type of surety bond required by the Arizona probate court for individuals who have been appointed as administrators of an estate. The bond serves as a form of financial protection for the estate and its beneficiaries against any mismanagement or mishandling of estate assets by the administrator. The bond guarantees that the administrator will fulfill their duties in accordance with state laws and regulations, pay debts and taxes, and distribute assets to the rightful beneficiaries. If the administrator fails to fulfill their duties, the bond can be used to compensate any affected parties. The bond amount may vary depending on the value of the estate and the specific requirements of the probate court.
Program
The price you'll pay for your Administrators Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!
We provide all types of Administrators Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.
Application
The application process for a Administrators Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Administrators Bond Application process.
Obligee Information
An obligee is the entity that is requiring you to have the Administrators bond.
For your convenience you can view a sample copy of the Arizona Administrators Bond Form.
Obligee: The Arizona Department Of Insurance
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!