dcsimg

Insurance Definition: FIDUCIARY BOND

By Compuquotes Team on March 27th, 2008

FIDUCIARY BOND:

Definition:

  • A type of surety bond, sometimes called a probate bond, which is required of certain fiduciaries, such as executors and trustees, that guarantees the performance of their responsibilities.

Information provided by Insurance Information Institute

Featured Insurance Quote
Twitter
Facebook 470 flares Google+
470 flares ×