Does A Deputy Need To Take Out A Security Bond For Insurance?

Yes. Deputies will be required by the Court of Protection to purchase a security bond to protect the assets of the vulnerable person (P) before the order is issued to the deputy. The cost of the bond is usually paid for from the client's own money and is linked to the size of the vulnerable person's estate.

If you would like to learn more please start an online chat to discuss the circumstances of the case or to arrange a telephone appointment with a member of the Linder Myers Solicitors Court of Protection team who will be able to discuss deputyship matters in detail.

Deputyship Question?  - Chat Live Now with Teresa Rae from Linder Myers Solicitors 

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