How much does it typically cost to get a surety bond for a non-resident Ontario executor?

There's no fixed government fee schedule for an estate trustee's surety bond — the premium is set by the insurance or surety company underwriting it, and it varies based on factors like the size of the estate, its complexity, and the insurer's own assessment of risk. Because the bond is typically sized to roughly match the value of the assets the trustee will be responsible for, a larger or more complicated estate generally means a larger bond and a correspondingly higher premium, but there's no single "typical" number that applies across the board.

Since the specific cost depends on the estate and the insurer, getting real quotes early in the process — as soon as it looks like a bond might be required — helps avoid an unwelcome surprise partway through an application. Some sureties are more comfortable insuring non-resident executors than others, so it can be worth approaching more than one.

It's also worth remembering the bond requirement itself isn't automatic or fixed at a set rate; it can sometimes be avoided entirely if the will expressly waives the requirement for security, or reduced by the court in appropriate circumstances, which changes the cost picture considerably before a premium is even needed.