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Guidance: Surety bonds: Public Guardian practice note

Office Of The Public Guardian

June 23
08:12 2023

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The Office of the Public Guardian (OPG) supervisesdeputiesappointed by theCourt of Protection.

The court tells most deputies to get a surety bond (also called a security bond). The bond is insurance that protect the assets of the person whose affairs and property the deputy is managing.

With effect from 1 April 2023, the Scheme is now administered byHowden Insurance Brokers Limited; Marsh Limited and Insync Insurance Solutions Ltd.

Insync Insurance Solutions Ltd are currently not in a position to offer bonds and are working closely with OPG to establish earliest possible date for provision of bonds.

This practice note (SD15) explains whatOPGexpects from a bond provider, so that its surety bonds are suitable for deputies.

Published 6 December 2012
Last updated 23 June 2023 +show all updates
  1. Change to the available bond providers.

  2. Uploaded PDF.

  3. Updated to reflect changes to the 'Scheme' - a framework of three providers instead of the single provider previously available.

  4. We have made a change to the section 'Expectations for the Bond' to reflect a recent court ruling.

  5. Added Welsh-language translation

  6. Practice note has been updated to reflect a change to OPG's approved bond supplier from October 2016.

  7. First published.

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