Bond of security needed when appointed as an executor / trustee / curator of an estate?
Perhaps you require professional indemnity insurance or attorneys top up cover? (Bond of security)
Bond of securty from Novarti quickly delivered, we will issue a bond of security within 48 hours of your approval!
Bonds of security and Executor bonds issued to Attorneys, Accountants, and professionals specialising in various deceased estates. In addition to offering bonds of security for the total value of the estate, we also offer attorneys top up cover on bonds of security that exceed their various Law Society maximum limit. AIIF change which limit the financial cover for attorneys to only R 20,000,000 cumulatively, so use Novarti, we can provide your bonds of security.
Various Trustees require a bond of security for the satisfaction for the Master. The bonds of security relate to trusts that are set up in the administration for RAF payment proceeds. We are able to access and source these large bonds of securty from large Insuring companies that is on the Master’s panel and we can assist in providing Trustees with these bonds of security.
Curators battle to find proper bond of security cover in this local market for various curator bonds, so we solve this problem, and arranging Curator Bonds of any size. Novarti organises Curator Bonds for the issue of incapacitated persons’ estates and Curator Bonds issued in terms of The POOCA (Prevention of Organised Crime Act.)
We understand the insolvency industry well, and the nature of liquidation bonds, including the short timelines required to enable practitioners to obtain the certificates of appointment, and we are well equiped to proceed timeously. In conjunction with our underwriters and insurers, we can organise the capacity for the largest of bonds of security in the market.