Our range of insurance solutions:

• Liquidation and sequestration administered by a liquidator (company)/trustee (individual) appointed by the Master of the High Court.
• These bonds offer security that guarantees the proper administration of, and accounting by liquidator/trustee for all funds and property of the company/estate under his/her administration as required by law.

• Administered by an executor, nominated in a will, who can be a professional in their field, such as an attorney or accountant.
• An executor requires a surety to guarantee his/her proper administration of, and accounting by him/her for all funds and property of the Estate under his/her administration as required by law.

• A trust is a document that looks similar to a will. It gives instructions for how a person wants his/her property and assets to be handled and distributed to his/her beneficiaries. This is administered by a trustee(s) and they have to be formally appointed by the Master of the High Court to act in this capacity. Types of trusts Santam Court Bonds caters for:
• Testamentary Trusts are created in a will which comes into effect upon death
• Inter-vivos Trusts are created during a person's lifetime to distribute assets to beneficiaries, e.g. Family Trusts, and RAF Trusts

• A Curator Bonis(Curator) is a legal representative appointed by a court to manage the finances, property, or estate of another person unable to do so because of mental or physical incapacity.
• A Curator may be required to administer the estate of a major who is incapacitated, a minor who is incapacitated or a minor who is able bodied, however requires a Curator until such time as he has reached the age of majority to deal responsibly with assets either inherited by or awarded to him/her.
• All Curators are required to provide security to the satisfaction of the Master of the High Court which is guaranteed by an insurance company.