A California Health Care Facility Bond is required for any employee of a residential/community care facility (not including foster homes) who handles money of the residents in excess of $50.00 per person, per month, or $500.00 for all persons within the facility, for any given month. The bond is required to prevent theft of residents of such facilities, who are protected for the amount of the bond.
Bonds Express offers a California Health Care Facility Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The California Health Care Facility Bond holds you accountable for your business decisions.
By possessing a California Health Care Facility Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.