In the present time insurance is available for each and every thing. In order to get the person in legal custody released one takes the help of bail. Now what is the link between insurance and bail bonds? Bail Bonds are actually contracts that are taken by some kind of an insurance agency, to get the person free, who has been charged of committing an unlawful act. For this there are certain terms and conditions that are to be taken into consideration. If due to any reason the defendant does not present himself in person in the court, the bailer will be liable for to pay the entire amount of the bail, as had been decided. These agencies are licensed for this work.There are a few important aspects that have to paid high attention while contacting and settling with any of these agencies. Like where the person has been kept in custody, his number of the cell and the number allotted to him. And the most important amount for the bail bond.What are the different ways of payment for the bail bond? In order to get the relief for the person in custody there are different ways by which one person can get the bail. The very thing that can be done is to hire an agency and get the services of the bail bondsman. In lieu of the service the person is required to pay 10 or 15 percent of the bail amount. The remaining amount is a security or a guarantee.Another way is to deposit the complete amount as has been set for the bail at the court or to the jail authority. This has to be done in cash only. Yet another way is to do it by way of submitting the papers of any immovable property in lieu of this. Sometimes if the accused is charged of a crime that is not much grave then at the will of the judge the accused can go in for formal bond. That is he can just pledge a fixed amount for the bail.The security given for the bonds is with the agent as per the legal instructions. When the person for whom the bail bond has been secured fails to present himself then the agent can sell the property and get the amount of the bail bond. He has legal right to do so and the client cannot stop him from doing so.How can anyone pay for the bail bonds? One can either submit the papers of any immovable property or give cheques of the bank account or give his/her car or jewelry or transfer plastic money- that is bonds. The amount which in paid as premium to the agent is not reverted back. This is actually a fee that one pays to the bail agent.Is the amount for every person securing bail bond same?The amount that is paid for the bail bond and for the premium depends on the intensity of the crime committed by the accused or say for what he/she is charged for, and it also depends on the agency as to how much they charge.
