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Pension And Fiduciary Bonds
Understanding the differences between Pension and Fiduciary Bonds can be confusing.
Pension Bonds, on the one hand, are appointed by designated fiduciaries to protect pension plans – and the monies therein – from fraud and embezzlement.
Fiduciary Bonds, on the other hand, are typically used to guarantee the performance or implementation of certain duties. The most common types of fiduciary bonds are:
- Executors & Trustees of Estates
- Conservator or Committee of Incompetent
- Receiver of Rents
- Trustees in Bankruptcy
At Mitchell & Mitchell Insurance, we can help you understand, secure, and implement these crucial bonds.
Our mission is to become your most trusted insurance advisor.
Contact us at your earliest convenience to learn more about our Pension and Fiduciary Bond programs.