What is a trustee bond? A trust is a document created by a settlor that provides how property and assets within a trust are managed and distributed to trust beneficiaries. A trustee bond protects the interests of the trust beneficiaries. Who needs this bond? A person appointed as trustee may be required by the trust document or court to obtain a trustee bond. What is the amount of the bond? The amount of the trustee bond is usually determined by the trust document. What is the process to obtain a trustee bond? Colonial offers the direct and digital way to obtain a trustee bond. We are the insurance company — which means no agent, no broker, and no middleman. We make it easy to obtain your bond instantly. The steps are easy — get a quote online, fill out your information, and enter your payment method. Print or e-file the bond from your home or office. It’s that simple! What does a trustee bond cost? A trustee bond is reasonably priced and easy to obtain. You may notice that with other insurance agents and middlemen companies, your premium rate will fluctuate and include additional hidden fees and costs. Colonial offers our lowest possible rate. Premium is based on the amount of the bond required by the applicable trust document. Does it matter where I get the bond? It is important to understand how surety bonds work, and who is the insurance company issuing your bonds. It is easy to obtain a trustee bond when you deal direct with a quality insurance company licensed to write surety bonds. Colonial is an A (Excellent) rated insurance company by A.M. Best, that has been incorporated since 1930. We are Treasury listed, and licensed and admitted in all U.S. states and territories.