Veterans Administration Surety Bonds

Veterans AdministrationThe Veterans Administration is more commonly referred to by the acronym VA. The VA is in charge of benefit programs for veterans and their families. They offer a wide range of pensions, insurance programs, financial instruments, and more.

An important resource the VA handles is veteran benefits. These benefits are typically in a financial capacity, and a surety bond may be used in order to protect any financial assets.

Common types of surety bonds that are required by the Veterans Administration include:

Veteran Affairs Custodian Bond

An affairs custodian is any third party that manages VA benefits on behalf of another person. A beneficiary is the person who received the benefits from the VA, while a fiduciary is someone who is appointed by the court to support a beneficiary who has been deemed incapable of handling their own benefits. A Veteran Affairs Custodian Bond protects the beneficiary. Without the bond, a fiduciary cannot be certified to perform the required tasks. The bond amount is set by the VA.

How to Apply for a Surety Bond

Click the button and fill out the form to start the application process. We work with the top markets in the industry to get you a fair rate. People who get surety bonds from Safeline Surety Bond never have to pay the full bond amount. Find out how much we can save you today!