LIST OF DOCUMENTARY REQUIREMENTS

FOR BOND APPLICANT

I. STANDARD REQUIREMENTS FOR ALL BOND APPLICANTS:

1. Original and duly accomplished Client Information Sheet (Application for Bonds Form) to be provided by the Insurance Company.
2. Original and duly accomplished Co-signer Statement Form (form will be provided by the Insurance Company) of at least two
solvent co-signers. The two co-signers/co-makers should attach the copy of their latest ITRs, TCT owned together with
Appraisal Report may be submitted as an additional proof of solvency. Co-signer requirement may be waived if bond application
is supported by 100% collateral in the form of Certificate of Time Deposit from Metrobank, Cashier’s Check or Manager’s Check
payable to Charter Ping An Insurance Corp.
3. Original and duly signed Indemnity Agreement (Indemnity Agreement will be provided by the Insurance Company.
4. Copy of at least two valid government issued IDs of the authorized signatory and co-signers. (Picture and signature must be
clear.) (ex.: SSS, Passport, Driver’s License, Postal ID, PRC ID)

Qualifications of an acceptable co-signer:

1. He must be a Filipino citizen and resident of the Philippines.
2. He must be a person of good moral character and reputation.
3. He must be engaged in a lucrative occupation, profession, or business.
4. He must be an owner of real estate (preferably titled and with an estimated market value of at least double the amount of the
bond being applied for). If the co-signer cannot present or does not own real estate, his/her qualifications will be assessed
based on submitted latest ITR and other proof of solvency.
5. Corporate Guarantors/Co-makers are also acceptable provided it will be supported by Notarized Secretary’s Certificate
approved and supported by board members and authorized signatory/representative of the company is indicated therein also.
(Sister company of bond applicant can be a corporate guarantor/co-maker).

Note: If submitted cosigners are not that acceptable, additional cosigners may be required.

II. FOR SINGLE PROPRIETORSHIP BOND APPLICANT ONLY:

1. Accreditation with DTI (must not be expired)
2. Brief history or write-up about business and the company
3. Certified true copy of Audited Financial Statement for the last two (2) years (with BIR stamp thereto and presented to BIR)
4. Latest ITR of the Proprietor
5. Accreditation Paper from PCAB or CIAP (for contractor’s/construction bond only)
6. Track Record (list of completed and on-going projects)

III. FOR PARTNERSHIP OR CORPORATE BOND APPLICANT ONLY:

1. Latest General Information Sheet (GIS)
2. Brief history or write-up about business and the company
3. Certified true copy of Audited Financial Statement for the last two (2) years (with BIR stamp thereto and presented to BIR)
4. Company’s latest ITR
5. Accreditation Paper from PCAB or CIAP (for contractor’s/construction bond only)
6. Notarized Secretary’s Certificate authorizing the signatory to sign for and on behalf of the company to procure a bond
from CPAIC.
7. Securities and Exchange Commission (SEC) Registration
8. Track Record or list of completed and on-going projects

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IV. DOCUMENTARY REQUIREMENTS SPECIFIC FOR THE TYPE OF BOND BEING APPLIED FOR:

1. Heirs Bond
FOR RELEASE/WITHDRAWAL OF DECEASED DEPOSITOR’S ACCOUNT
Latest Bank Certificate/Statement of deceased depositor’s account (with type of deposit, account no. and amount)
Extrajudicial Settlement of Estate/Affidavit of Self-Adjudication/Deed of Partition
Affidavit of Publication of the said Extrajudicial Settlement of Estate/Affidavit of Self-Adjudication/Deed of Partition
Death Certificate of Deceased
Proof of Relationship of claiming heirs: Marriage Certificate (for surviving spouse) and Birth Certificate (for children or siblings)

FOR LOAN-RELATED ACCOUNT

Copy of Transfer Certificate of Title (TCT) with annotation of Section 4, Rule 74 of the Rules of Court at the back of the title
Copy of Transfer Certificate of Title (TCT) from where the property (subject of loan with annotation of Section 4, Rule 74
of the Rules of Court) was originated
Deed of Absolute Sale (as proof of transfer of real property to the Loan Borrower)
Extrajudicial Settlement of Estate/Affidavit of Self-Adjudication/Deed of Partition with Affidavit of Publication
(as proof of transfer of real property to the Loan Borrower)
Bank’s Appraisal Report
Death Certificate of the deceased from whom the property was originated

FOR SHARES OF STOCK TRANSFER

Copy of Stock Certificates
Latest market value of the shares of stocks (as basis of bond amount)
Extrajudicial Settlement of Estate/Affidavit of Self-Adjudication/Deed of Partition
Affidavit of Publication of the said Extrajudicial Settlement of Estate/Affidavit of Self-Adjudication/Deed of Partition
Death Certificate of Deceased
Proof of Relationship of claiming heirs : Marriage Certificate (for surviving spouse) and Birth Certificate (for children or siblings)

FOR REGISTRY OF DEEDS REQUIREMENT

Copy of Transfer Certificate of Title (TCT) registered in the name of the former owner
Copy of Transfer Certificate of Title (TCT) with annotation of Section 4, Rule 74 of the Rules of Court at the back of the title
Copy of Latest Tax Declaration and Tax Receipt
Extrajudicial Settlement of Estate/Affidavit of Self-Adjudication/Deed of Partition
Affidavit of Publication of the said Extrajudicial Settlement of Estate/Affidavit of Self-Adjudication/Deed of Partition
Deed of Absolute Sale (if applicable)
Death Certificate of the deceased from whom the property was originated

2. Indemnity Bond
Copy of Notarized Affidavit of Loss, it should be duplicate original
Copy of Stop Payment Order duly certified, received and approved by the depository bank for lost check)
Certification or Letter from the bank that proceeds of the lost check is still intact (for lost check)
Certification or Letter from the company that proceeds of the lost stock certificate is still intact (for lost stock certificate)
Market value of shares covered by the lost stock certificate (basis for bond amount)

3. Judicial Bond (those bonds in favor or required by the court)

Copy of the Complaint/Order of the Court/Copy of the Petition indicating the type of bond being required
Collateral in the form of Time Deposit with Metrobank (100% equivalent to bond amount)
Duly signed and notarized Assignment of Bank Deposit
Original copy of Certificate of Time Deposit

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4. Reconstituted Title Bond

Copy of Transfer Certificate of Title (TCT) with annotation of Sections 7 & 8, Republic Act No. 26 at the back of the title
Tax Declaration & Tax Receipt pertaining to lost TCT
Bank’s Appraisal Report
Extrajudicial Settlement of Estate/Affidavit of Self Adjudication/Deed of Partition
Affidavit of Publication of the said Extrajudicial Settlement of Estate/Affidavit of Self Adjudication/Deed of Partition
Notarized Deed of Absolute Sale

5. Fidelity Bond
Original and duly accomplished Employer’s Statement Form (to be provided by the Insurance Company
At least one of the two (2) co-signers must be relative of bond applicant

6. Surety Bond (Licensing Requirements)

Duly accomplished form from the concerned Government Agency (if applicable)
Certificate of Registration (for renewal of license)
Collateral (for POEA license applicant and start-up company)

7. Guaranty Payment Bond

Duly signed and notarized Contract or Service Agreement

8. Real Estate Broker’s Bond

Duly accomplished application form with PRC
Copy of DTI ID and Certificate (if applicable)

9. Bidder’s Bond
Notice to Bid or Invitation to Bid
Terms of Reference of Bid (if applicable)

10. Surety Downpayment/Performance Bond/Payment Bond

Duly signed, dated and notarized Construction Contract or Agreement
Job Order or Purchase Order
Duly signed Notice to Proceed or Letter of Award

11. Warranty Bond

Dated and duly signed Certificate of Final Completion or Acceptance by the Obligee
For clients with issued CPAIC Surety and/or Performance bond, only the Certificate of Final Completion and Acceptance
by the Obligee and Policy No. of previously issued Performance and Surety Bond by CPAIC will be required
For client w/o issued CPAIC Surety and/or Performance bond for the project undertaking of Warranty Bond, anyone
of the following will be submitted: duly signed, dated and notarized Construction Contract or Agreement, Job Order,
Purchase Order

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