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Bond #218 • Co-Fiduciary • Individual Serving

Individual Co-Fiduciary Bonds

Individuals serving alongside institutional fiduciaries as co-trustees, co-executors, or co-administrators need bonds to protect beneficiaries in shared fiduciary arrangements.

0.5%
Starting Rate
24hr
Approval
$25K+
Typical Amount
Shared
Responsibility
Co-Fiduciary Bond Details
Individual serving with institutions
Bond Code:#218
Amount:$25K - $2M+
Premium:0.5% - 3%

For individuals serving with institutional co-fiduciaries

When Individual Co-Fiduciary Bonds Are Required

Co-Trustee Arrangements

Family members serving alongside bank trust departments as co-trustees

Co-Executor Appointments

Individuals named alongside institutional executors in wills

Shared Administration

Court-appointed co-administrators sharing estate management duties

Co-Fiduciary Bond Calculator

$2,500 - $15,000

Annual premium estimate

Why are individual co-fiduciary bonds needed?

Even when serving with institutional co-fiduciaries, individual fiduciaries can be held personally liable for breaches of duty. The bond protects beneficiaries specifically from the individual's actions and ensures coverage for their share of responsibilities.

Serving as Co-Fiduciary?

Get your individual co-fiduciary bond for shared responsibilities.