Terms and Conditions for Globe International Surety

Welcome to Globe International Surety. By accessing and using our website and services, you agree to comply with and be bound by the following terms and conditions. Please read them carefully.

Acceptance of Terms: By using our services, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions. If you do not agree, please do not use our services.

Services Provided: Globe International Surety issues Financial Guarantees for corporate bonds. Our primary service is to provide surety bonds to ensure the performance or payment of obligations as specified in the bond agreement.

Surety Responsibility: The surety is responsible for the obligations under the financial guarantee for a period of 30 to 45 days, up to a maximum of $5,000,000. After this initial period, responsibility for the obligations will transfer to the reinsurer. 

Limitations of Liability: Globe International Surety shall not be liable for any damages or losses arising from the use of our services beyond the coverage provided in the financial guarantee. Our liability is limited to the terms of the bond issued.

Payment Terms: Payments for the bonds must be made in accordance with the terms specified in your agreement. Failure to make timely payments may result in cancellation of the bond.

Indemnification: You agree to indemnify and hold harmless Globe International Surety, its affiliates, officers, and employees from any claims, losses, liabilities, damages, costs, or expenses arising out of or related to your use of our services.

Changes to Terms: Globe International Surety reserves the right to modify these Terms and Conditions at any time. Any changes will be effective immediately upon posting on our website. Your continued use of our services constitutes acceptance of the revised Terms.

Governing Law: These Terms and Conditions shall be governed by and construed in accordance with the laws of [Insert Jurisdiction]. Any disputes arising out of or related to these Terms shall be resolved in the competent courts of [Insert Jurisdiction].

Contact Information: For any questions or concerns regarding these Terms and Conditions, please contact us via the contact us page:

By using our services, you agree to these Terms and Conditions. Thank you for choosing Globe International Surety.

The information provided by Globe International Surety on our website is for general informational purposes only. While we strive to keep the information accurate and up to date, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information, products, services, or related graphics contained on the website.

No Financial Advice: The content on our website should not be construed as financial, legal, or professional advice. You should consult with a qualified professional before making any financial decisions or entering into any agreements.

Limitation of Liability: In no event shall Globe International Surety be liable for any loss or damage, including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Third-Party Links: Our website may contain links to third-party websites for your convenience. We do not endorse, and are not responsible for the content of these external sites. Accessing these links is at your own risk.

Changes to Information: Globe International Surety reserves the right to make changes to the information on our website at any time without notice. We do not guarantee that the information will always be available or that it will be free from errors.

Indemnification: You agree to indemnify and hold harmless Globe International Surety from any claims, damages, losses, or expenses arising out of your use of our website or any violation of these disclaimers.

Governing Law: This disclaimer shall be governed by and construed in accordance with the laws of DELAWARE. Any disputes arising in connection with this disclaimer shall be subject to the exclusive jurisdiction of the courts located in DELAWARE.

By using our website, you acknowledge that you have read this disclaimer and agree to its terms.

These Corporate Binding Rules outline the principles and guidelines that govern the operations of Globe International Surety. These rules are designed to ensure compliance with applicable laws, promote ethical conduct, and protect the interests of our clients and stakeholders.

Purpose: The purpose of these Corporate Binding Rules is to establish a framework for the conduct of all employees, officers, and directors of Globe International Surety in relation to the issuance of financial guarantees and corporate bonds.

Compliance with Laws: All employees and representatives must comply with all applicable laws, regulations, and industry standards in the jurisdictions in which we operate. This includes, but is not limited to, financial regulations, anti-money laundering laws, and consumer protection statutes.

Ethical Conduct: Employees are expected to conduct themselves with integrity and professionalism. This includes:

- Avoiding conflicts of interest.

- Not engaging in any form of bribery or corruption.

- Respecting confidentiality and privacy of client information.

Transparency: Globe International Surety is committed to transparency in all its dealings. We will provide clear and accurate information regarding our services, fees, and the terms of our financial guarantees.

Risk Management: We will implement appropriate risk management practices to identify, assess, and mitigate risks associated with the issuance of financial guarantees. This includes conducting thorough due diligence on clients and transactions.

Reporting Violations: Employees and stakeholders are encouraged to report any suspected violations of these rules, unethical conduct, or any illegal activities. Reports can be made confidentially to [Insert Contact Information].

Training and Awareness: Globe International Surety will provide regular training and resources to ensure that all employees understand and adhere to these Corporate Binding Rules.

Enforcement: Violations of these Corporate Binding Rules may result in disciplinary action, up to and including termination of employment. Legal action may also be pursued in accordance with applicable laws.

Review and Amendments: These rules will be reviewed periodically and may be amended as necessary to reflect changes in laws, regulations, or company policies. Any amendments will be communicated to all employees and stakeholders.

Governing Law: These Corporate Binding Rules shall be governed by and construed in accordance with the laws of the State of Delaware. Any disputes arising in connection with these rules shall be subject to the exclusive jurisdiction of the courts located in Delaware. Title 12 Fiduciary Relations CHAPTER 38. Treatment of Delaware Statutory Trusts

By adhering to these Corporate Binding Rules, we aim to foster a culture of integrity and accountability at Globe International Surety.

Globe International Surety (GIS) holds over $10 billion in assets, with $6 billion audited by a PCAOB auditor as of 2024. We conduct annual audits to keep our clients informed about our asset pool, ensuring transparency in our capacity to issue financial guarantees. GIS maintains a policy of not exceeding 90% of our assets in insured collateral at any given time.

Specializing in bridge insurance for corporate bonds and offerings, GIS provides insurance that serves as a bridge until the reinsurer policy assumes the primary and total position.