Personal Bond of Indemnity
Personal Bond of Indemnity
Personal Bond of Indemnity
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(To be executed by the insurer in absence of Policy document lost from his custody)
Provided further that the liability of sureties hereunder shall not be impaired or discharged by
reason of time being granted or any for bearance act or omission of the President of any person
authorised by him (whether with or without the consent or knowledge of the sureties) nor shall be
necessary for the president to sue the said (A) and (B) before suing the sureties for amounts due
hereunder.
(a)……………………………………………. (b)……………………………………..
Signed, sealed and delivered by the Signed sealed and delivered by the above
Above named (a) named (b)
2……………………………………………… 2………………………………………...
(c)……………………………………………. (d)……………………………………….
Signed sealed and delivered by the above Signed sealed and delivered by the above
Named (c) named (d)
1……………………………………………… 1…………………………………………
……………………………………………….. ………………………………………….
2……………………………………………… 2…………………………………………
……………………………………………….. ………………………………………….
FORMAT OF INDEMNITY BOND TO BE GIVEN BY CUSTOMER
NOW THIS DEED WITNESSETH that pursuant to the same and in the premises the Party of the First Part hereby agrees to indemnify and
keep indemnified the Department against any loss, costs, charges and expenses that the Department may suffer or incur on account of any
claim being made by any other person claiming on the basis of possession of the said insurance policy or otherwise and the Department being
required to make payment of the amount under the said policy to such person. And the Party of the First Part undertakes that in the event of
the original insurance policy being found, the same will be returned to the Department forthwith.
IN WITNESS WHEREOF the Party of the First Part has put his hand the day and year first hereinabove written.
Signed and delivered by the within named Party of the First Part
Mr./Ms./M/s ____________________________________________________
___________________________________ ___________________________________
___________________________________ ___________________________________
At the time of submitting the form please provide copy of Policy holder’s (Proposer) self attested photo identity proof. Additional
documents may be required for verification at the discretion of the Department.
DEPARTMENT OF POST
OFFICE OF THE CHIEF POSTMASTER GENERAL
To
________________________________
________________________________
________________________________
Sir,
Kindly refer to your application dated _______________________________________ for issue of duplicate policy bond with Policy
No._______________________________________ which is stated to have been lost/misplaced/mutilated. In this connection you alongwith
two solvent sureties are required to furnish an Indemnity Bond for `__________________________ on a non-judicial stamped paper worth `
10/-. The following instructions should be observed carefully while furnishing the bond of indemnity.
(i) The text of the Bond of Indemnity as enclosed should be neatly typed over the front side only of the stamped paper/additional
sheets. The additional sheets if used should be purchased from stamp vendor only. Ordinary typing paper or other kind of
paper should not be used for this purpose.
(ii) Insurant and both the sureties should sign at the bottom of each page. The last and final page should however be signed by
them at the space provided for this purpose. In case any page of stamped paper is left blank for any reason it should also be
signed by them.
(iii) Two separate individuals should witness the signature of Insurant and both the sureties on the last and final page. Witness to
insurant can be the witness to sureties also. Sureties cannot be witness to insurant and similarly Insurant cannot be witness for
sureties. As far as possible, sureties and witnesses should be from the same locality or establishment/ office and literate
enough who can read and write.
(iv) Correction or over writing/typing in the name of insurant, sureties, witnesses and amount is not allowed.
(v) The Bond of Indemnity should be sent to this office alongwith the enclosed text for further necessary action.
Yours faithfully