Securing estate administration bonds (better known as fiduciary bonds) remains a challenge for many Canadian legal professionals. In our 2025 survey, we gathered responses from firms across the country to better understand the estate bond process, uncovering key trends, pain points, and opportunities to improve how these bonds are obtained and managed.
Survey Highlights: Estate Administration Bond Challenges and Trends
Low Volume, High Friction
While 92% of respondents secure fewer than five bonds per year, the process is far from straightforward. The biggest concern? Cost. Over 54% cited high premiums as the top issue. Other hurdles included executor confusion (38%) and challenges meeting financial approval criteria (23%).
Inconsistent Turnaround Times
Only 31% of firms reported receiving bonds within 1–2 weeks. The rest experienced longer delays, highlighting the need for more predictable and efficient processing.
Widespread Use of Bond Waivers
85% of respondents said they routinely seek bond waivers, particularly in low-risk estates or when all beneficiaries provide consent. This reflects a clear desire to simplify the process where possible.
Provider Loyalty is Weakening
Even though many firms have long-standing relationships with bond providers, 54% said they would consider switching providers for better service, pricing, or both—an important signal that there’s room for improvement in client experience.
Demand Is Expected to Grow
With 38% of respondents expecting an increase in fiduciary bond demand in the coming years, firms need access to more reliable and flexible solutions to stay ahead.
How We Support Clients Navigating Estate Administration Bonds
The feedback from this survey highlights a few areas where better support can make a big difference:
- Simplifying the Application Journey
Firms want a more transparent, guided bond process. Our surety team works closely with clients to clarify requirements and manage expectations from the start, helping avoid delays and confusion. - Offering Transparent, Flexible Pricing
With cost flagged as the number one concern, we provide straightforward pricing and accommodate lower-risk estates with options that help reduce unnecessary strain. - Delivering Fast, Responsive Service
Timing matters. Our experienced surety team ensures every request is handled promptly and professionally—so you can get the bond, and get back to what matters.
At Estatesearch, we understand the unique challenges estate professionals face when securing fiduciary bonds. Our goal is to reduce friction, build trust, and make the bond process as straightforward and supportive as possible for both professionals and their clients.
Looking for Support with Fiduciary Bonds?
Connect with Cole Friyia, Surety Bonds Executive, at cole.friyia@estatesure.ca or visit our Surety Bond page to learn more.