Court Bond
Court bond protects an individual from losses suffered through an outcome of the court proceedings. To simplify, it ensures that that the court service is paid for once the verdict is reached. An individual facing litigation should consider having this type of bond in case the unthinkable happens and is forced to default on his or her court expenses. Below is a list of court bonds:
· Appeal Bonds
· Executor Bonds
· Fiduciary Bonds
· Guardianship Bonds/ Custodian Bonds
· Probate Bonds