How security bond premiums are calculated, when they’re charged, and how to cancel one Attorneys who have a valid Fidelity Fund Certificate, can apply to the Legal Practitioners Indemnity Insurance Fund, for a free executor security bond, however if you are not an attorney, or don’t want to wait several months, security bonds for executors, […]
How Security Bond premiums work in South Africa: When do They Stop? Read More »
A plain-English guide to security bonds for deceased estates, curators, trustees and liquidators in South Africa by Thobeka Sibisi, a Risk Analyst at Rodel Risk With years of specialist experience in security bond administration across South Africa, Rodel Risk Solutions makes the process straightforward. Receiving a request for a security bond from the Master
The Master has called for a security bond – DON’T PANIC Read More »
In South Africa, a person can be appointed an Administrator of another person in terms of section 59 of the Mental Health Care Act (2002). An application needs to be made to the Master of the High Court and there are a number of requirements laid out within the Act. One specific requirement, is the
Security bond for the administrator of a mentally incapacitated person Read More »
A bond of security for an executor or Executor Bond is a type of surety bond that is required in some instances by the Master of the High Court, when a person is appointed as the executor. The bond serves as a guarantee that the executor will perform their duties in accordance with the law
What is an executor bond of security? Read More »