Illinois Cemetery Care Act Bond

Click Here to Apply for Illinois Cemetery Care Act Bond 

The Illinois Cemetery Care Act Bond is required by the Comptroller of the State of Illinois. The bond is required for the benefit of the Care Funds held by such Cemetery, or by the Trustee of the Care Funds of such Cemetery, for any direct loss sustained in the said Care Funds through the failure to administer properly, occasioned by an act or acts of theft, embezzlement, repudiation, or otherwise.

The Illinois Cemetery Care Act defines “care funds” as distinguished from receipts from annual charges or gifts for current or annual care, means any realty or personalty impressed with a trust by the terms of any gift, grant, contribution, payment, legacy, or pursuant to contract, accepted by any cemetery authority owning, operating, controlling or managing a privately operated cemetery, or by any trustee or licensee, agent or custodian for the same.

What are the requirements that must be submitted?

All applications under the Illinois Cemetery Care Act are required to submit the following:

1. Registration Statement.
2. $5 non-refundable registration fee.
3. Application for License.
4. $25 non-refundable application fee.
5. Questionnaire(s) required of the applicant.
6. Release Form(s) with each Questionnaire.
7. Statement of Assets and Liabilities.
8. Copy of certificate of registration from the Illinois Department of Revenue, if applicable.
9. Copy of Trust Agreement, if applicable.
10. Copy of Articles of Incorporation (or) articles of organization (or) a copy of a recent domestic corporation annual report (or) a copy of the application to adopt an assumed corporate name, issued by the office of the Secretary of State, where applicable.
11. Illinois Cemetery Care Act Bond.

What is the Illinois Cemetery Care Act Bond Amount? 

No cemetery authority owning, operating, controlling or managing a privately operated cemetery may accept the care funds authorized by the provisions of Section 3 of this Act without securing from the Comptroller a license to hold the funds. As part of the license, a Illinois Cemetery Care Act Bond in the amount equal to 1/10 of the care funds subject to a minimum of $1,000 must be provided

How to get a Illinois Cemetery Care Act Bond

At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:

1. Complete the easy to navigate and secure online application. ¹
2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the Surety Bond will be shipped to the bond applicant.
^{1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.} 

Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.