Court bonds are essential in South African legal proceedings, ensuring financial security and the fulfillment of obligations. However, there are misconceptions about court bonds and trustee bond that can lead to misunderstandings. Let's debunk some common misconceptions: Court Bonds are Expensive, Court Bonds are Only for Corporations and Wealthy Individuals, Applying for Court Bonds is Complicated, Court Bonds are Redundant with Insurance, and Only Plaintiffs Benefit from Court Bonds. Novarti Insurance Brokers is a trusted provider of court bonds in South Africa, offering services like broadform liability insurance.