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Judicial Bond Insurance Inquiry Request :
Want to get more information about Judicial Bond Insurance? Get Judicial Bond Insurance for you and your family protection.
You may send the Inquiry Request with the following details.
Judicial Bond Insurance
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Our financial advisor / consultant are willing to assist you for a free consultation, let us do the work by matching you with your non-life protection and who are willing to help you on your general insurance needs.
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Bro. Oliver Bugarin, Licensed Financial Advisor
Judicial Bond Insurance in Philippines
Your signature means your commitment.
Don’t just let the water spill over the imprint.
Bond is a three-party agreement where Our Non-Life/General Insurance service provider (Surety company) assures the performance of an obligation of the Bond Applicant (Principal/Obligor) to a Third Party (Obligee/Bond Beneficiary), by virtue of the contract or as required by law.
Our Non-Life/General Insurance service provider offers various bonds for your specific needs, whether it be for construction projects, service agreements, judicial or quasi-judicial proceedings, bank requirements and licensing requirements of different government agencies.
Judicial Bond Insurance INSURANCE Coverage:
Supersedeas Bond. Seeks to stop or stay the execution of the decision and hence, guarantees the performance of the judgment or order appealed from in case it is affirmed wholly or in part (in labor case) OR answers for the damages that the complainant in ejectment case may suffer by reason of holding the execution of the judgment of the lower court pending defendant’s appeal to the higher court.
Administrator’s Bond. Guarantees that the appointed Administrator of the estate of the deceased, shall perform all his duties and responsibilities as required by law.
Attachment Bond. Guarantees the payment of all costs and damages which a party may sustain by reason of the attachment.
Counter-Attachment Bond. Guarantees the payment of all costs and damages which a party in whose favor an order of attachment is issued, may sustain by reason of the lifting of the attachment.
Guardian’s Bond. Guarantees that the appointed Guardian of a ward or Parent of a minor shall perform all his duties and responsibilities as required by law.
Heir’s Bond. Guarantees the payment of all claims that may be filed by any compulsory heir deprived of lawful participation in the estate of the deceased and/ or any unpaid creditor who has a claim against the estate.
Injunction Bond. Guarantees the payment of all the damages which the party enjoined by order of injunction, or to whom the order of injunction is directed, may sustain if the court should finally decide that the Plaintiff is not entitled thereto.
Counter Injunction. Guarantees the payment of all damages which the plaintiff may suffer by reason of lifting of a restraining order.
Replevin bond. Guarantees the return of the seized property or payment of damages which the adverse party may sustain should the court adjudged (remove letter “d”) that the party seeking recovery is not entitled thereto.
Counter-replevin Bond. Guarantees the re-delivery of the seized property to the plaintiff, should delivery be adjudged, and payment of such sum that plaintiff may recover.
Sheriff’s Indemnity Bond. Seeks to protect the sheriff against the claim of a third party alleging adverse title or right of possession to the property being seized.
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