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Surety Bonds South Africa
Columbus Risk provides a range of specialised Surety Bond products to meet the needs of Professionals. From Liquidation bonds to Curator Bonds, our experienced risk professionals can guide you through each step in securing the cover you need.
Find out more about each of the Bond options available by clicking on the links below.
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Learn more about Surety Bonds
How are Trustee Bonds affected if a trustee resigns or dies? When a trustee resigns or dies and there are trustee bonds in place, their name will need to be deleted from the Letters of Authority by the Master. The master will require: A written resignation from the...
A tutor will be appointed over the estate of a minor (a person under the age of 18 years) if necessary. The law does not regard a minor as capable of managing their own affairs & they are therefore under disability. Under normal circumstances, the parents of the...
Bond claims area investigated when it is suspected an estate has suffered a loss due to the actions of the the incumbent named on the bond. On completion of the investigation, the Master must be notified of any potential bond claims and the loss allegedly suffered...
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