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How long is a bond valid?

April 26, 2017Bond valid

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How long is a bond valid?

5 Answers

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A bond may be issued for whatever length of time you and your insurance agent or bond company representative arrange. Most bonds are issued for a period of one to three years. At the end of that time, the bond may be canceled, or the bond company may request another premium to extend the life of the bond.

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The bond is generally good as long as the case last. However, the terms of the contract state that the bail bond premium is paid annually. This means that if the case longer than a year but less than two years, another payment of premium is due.

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A bond is valid as long as the case lasts. If the case lasts for more than a year, but not more than 2 years, the bond company is entitled to another full ‘premium’ payment. The same bond continues until the case is completed.

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A. A bond is valid as long as the case lasts. If the case lasts for more than a year, but not more than 2 years, the bond company is entitled to another full premium (the 10% fee). The same bond continues until the case is completed.

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Posted

The bond is generally good as long as the case last. However, the terms of the contract state that the bail bond premium is paid annually.