Keith D. Seekford, CIC, CPCU, President of Moore, Clemens & Company, Inc. in Leesburg and Paula A. Crouch, owner of Roseberry & Foster Bonding Co. in Fairfax provide an in depth interview on bonding the conservator in which they discuss

• what is a corporate surety bond and how does it work,
• the application process to obtain a surety bond,
• factors important to an insurance company reviewing an application
• factors that will cause an application to be denied,
• reviewed a sample surety application,
• highlight the importance of getting pre-approved for your surety bond before you start your legal proceedings because you cannot qualify as a conservator until the surety application is approved and in some cases the bonding agent must appear with you at the local probate office,
• the amount of initial bond and adjustments to same as the assets under your control increase or decrease, and
• what triggers claims on the surety bond and what to do if that occurs.

Recorded October 2016.  Broadcast April 2017