Bond For Crime In Franklin
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FAQ
Factors That Influence Bail Cost Bail of $500,000 or more is not uncommon for serious crimes such as murder, rape, or aggravated assault. It is often based on the type and severity of the charges in criminal defense, as well as the defendant's criminal history and flight risk.
No - if you signed the bond it doesn't matter whether you have a job or not - or whether the bondsman asked you if you did. You are liable as surety on the bond - having a job or not has nothing to do with your liability. Sorry.
What Kind of Documentation Do You Need to Get Bonded? Application. The first step to getting bonded is completing the application or questionnaire that your agent provides you. Financials. Work In Progress Form. References. Resumes. Certificate of Insurance.
Reimbursement vs. Indemnity: Surety bonds provide reimbursement to the oblige (typically the owner of the job) by the surety, whereas crime insurance policies indemnify the insured for direct losses incurred due to covered criminal acts.
Is Crime the Same as Fidelity? No, crime and fidelity are not the same, although they are closely related. Fidelity bonds specifically protect a business from losses caused by fraudulent acts committed by its employees.
