Illinois funeral operators and cemetery managers that accept third party funds for the preparation and maintenance of cemeteries and/or plots, monuments, etc., within cemeteries must be licensed to accept those funds and must provide a surety bond to the Comptroller of Illinois. The cemetery care act bond is posted for the benefit of the ‘care funds’ held by a licensee, or by the trustee of the ‘care funds’ of such licensee, for any direct loss through the failure to properly administer the funds, caused by an act or acts of theft, embezzlement, repudiation, or any other act stated in the Cemetery Care Act. Surety One, Inc., the nation’s leader in surety offers these fiduciary bonds to all qualified applicants regardless of credit condition. We can also provide superlative fidelity bond coverages for employee dishonesty risks. For more information visit us at SuretyOne.com, call (787) 333-0222 or (800) 373-2804, or email us at Underwriting@SuretyOne.com.
