Insurance glossary
What is FIDUCIARY BOND?
FIDUCIARY BOND — 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.
Insurance glossary
FIDUCIARY BOND — 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.