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Oregon patient trust funds bonds.
From $100.

When an Oregon nursing facility holds residents' personal money in a trust account, ORS 441.630 requires a surety bond protecting those funds against mishandling. Pricing starts from $100 — enter the amount your facility requires, and the application collects no credit information.

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Required under ORS 441.630 when a facility holds residents’ funds in trust
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Amount is tied to the funds held / number of residents — often a $10,000 to $50,000 range
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From $100 — priced at 1% of your bond amount, with a $100 minimum; enter your bond amount and apply
From $1001% of the bond amount, $100 minimumNo SSNin the applicationFastinstant underwriting for most
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
How it works

Three steps. One sitting.

Enter your amount, pay, and hold the executed bond. Here is the whole thing:

TODAY · ONLINE

Apply online

Your facility details, the bond amount required, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

The application collects no credit information, and most applicants are approved instantly once you pay. Larger amounts may get a quick review.

SAME DAY

Hold it and keep handling resident funds

Keep the executed bond on file as ORS 441.630 and federal trust-fund rules require while you administer residents’ money. Wet-ink originals mailed when you need them.

About this bond

What it is and who needs it.

What the patient trust bond actually covers

Long-term care facilities often hold residents' personal spending money in a trust account on their behalf. Oregon's ORS 441.630 requires a nursing facility that holds such funds to maintain a surety bond protecting them — a backstop against mishandling, misappropriation, or misuse of residents' money.

It's a consumer-protection guarantee: if the facility mishandles a resident's trust funds, the resident or their legal representative can recover against the bond. The federal long-term care rules (42 CFR 483.10) likewise require facilities holding resident funds to post a surety bond or similar security.

The amount is tied to the funds held — often scaled to the number of residents, commonly a $10,000 to $50,000 range. If the surety pays a claim, the facility repays the surety. Pricing starts from $100 and depends on your bond amount; the application collects no credit information.

ORS 441.630 (resident trust funds)ORS 441.630 requires an Oregon nursing facility that holds residents' personal funds in trust to maintain a surety bond (or comparable security) protecting those funds against mishandling, payable to residents or their representatives. Federal rule 42 CFR 483.10 imposes a parallel requirement. The amount is generally tied to the funds held — confirm the figure required for your facility.

You need this bond if you are

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A nursing facility holding residents’ personal funds in a trust account
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An assisted-living or long-term-care provider that administers resident money
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Renewing your facility license where the trust-fund bond is a condition
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Adjusting the amount as the resident funds you hold grow or shrink

One application, issued on the spot.

Submit the application with your required bond amount — the executed bond is generated instantly, ready to hold on file.

Start the application →
FAQ

Common questions.

How much is the Oregon patient trust funds bond?Pricing is 1% of your bond amount, with a $100 minimum. The amount itself is tied to the resident funds your facility holds — commonly a $10,000 to $50,000 range. Enter your figure at the application to see your exact price.
Why does Oregon require it?Because the facility holds residents' personal money in trust. ORS 441.630 (and federal rule 42 CFR 483.10) require a surety bond so those funds are protected if the facility mishandles them.
Who is protected by the bond?The residents whose funds the facility holds, and their legal representatives. If a resident's trust money is mishandled, misappropriated, or misused, they can recover against the bond.
Is there a credit check?The application collects no credit information, and most applicants approve instantly. Larger bond amounts may get a quick soft-pull review — never a hard inquiry, no impact on your score.
What amount should I choose?The figure tied to the resident funds you hold — your licensing requirement will name it, often based on resident count. If you're unsure, send us your situation and we'll confirm the amount.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Patient trust bond, issued today.

Pricing from $100. Enter your required amount and hold it the same day.

Your premiumfrom $100
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