Bond Product
Judicial Bond
Court-required bonds for provisional remedies, appeals, and fiduciary appointments.
Overview
Judicial bonds are surety undertakings filed with a court. Common types include attachment, preliminary injunction, replevin, supersedeas, and bonds for administrators, executors, and guardians.
The amount is fixed by the court order, and the bond must follow the wording and the insurer accreditation rules that the court applies.
Purpose
- Answers for damages if a provisional remedy is later found to be improperly obtained.
- Stays execution of a judgment pending appeal, in the case of a supersedeas bond.
- Secures the faithful discharge of a fiduciary appointed by the court.
Who needs this bond
- Litigants applying for attachment, injunction, or replevin
- Appellants seeking to stay execution of a judgment
- Court-appointed administrators, executors, and guardians
- Law firms coordinating bonds on behalf of clients
Typical requirements
- Accomplished bond application with obligee and contract details
- SEC or DTI registration, Articles of Incorporation or business permit
- BIR Certificate of Registration and latest tax return
- Audited financial statements for the last two to three years
- Valid government IDs of signatories and board or partnership authority
- Copy of the obligee's bond requirement, invitation to bid, or contract
- Copy of the complaint, petition, or court order fixing the bond
- Details of the case number and issuing court
Final requirements depend on the obligee and the issuing insurance company. See the full requirements guide.
Application process
Step 1
Submit the application
Open an application in your SuretyPH portal and enter the obligee, contract, and bond details.
Step 2
Upload requirements
Follow the guided checklist and upload each document securely to your application file.
Step 3
Pre-assessment
We review the file for completeness and refer it to a participating licensed insurance company.
Step 4
Quotation
The insurer evaluates the submission and issues a quotation covering premium, fees, and any collateral requirement.
Step 5
Payment and issuance
Once the quotation is accepted and the premium settled, the insurer issues the bond for release or delivery.
Frequently asked questions
Does the court accept any insurer?
Courts generally require bonds from insurance companies accredited for judicial bonds. We refer files only to a participating duly licensed insurance company.
Will collateral be required?
Judicial bonds are frequently written with collateral or a strong indemnity arrangement. The issuing insurance company determines the terms.
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SuretyPH is a digital information and lead-generation platform owned and operated by McMatthise Global Group Corporation. It does not independently underwrite, approve, bind, issue, or guarantee any insurance policy or surety bond. Evaluation, underwriting, premiums, approval, and issuance remain the responsibility of the relevant duly licensed insurance company.