Common use of Bail Bond Clause in Contracts

Bail Bond. In the event that an Insured Person is placed or is threatened to be placed in detention by a government or local civil authority whilst on a Trip, at the request of the Insured only, the Company will provide up to £50,000 for a bail bond. The Insured must repay the amount loaned by the Company within 3 months of the date of payment, or immediately upon repayment by the local authorities or if the bail bond is forfeited by failure of the Insured Person to appear in court. The Company will require a satisfactory financial guarantee from the Insured to repay it. This extension will not be provided if the bail bond is obtainable under another insurance program. To access this service the Insured must contact Lifeline Plus Assistance. Please refer to section B1.3 for contact details.

Appears in 2 contracts

Sources: Insurance Policy, Insurance Policy