Sabbatical Leave Bonds

Sabbatical Leave Bonds

A sabbatical leave bond guarantees to reimburse an educational institution or school district the salary paid an employed instructor during a sabbatical leave period, if the instructor fails to return and render a two year period of service following the sabbatical. The amount of a sabbatical leave bond is set in the amount of total salary payable during leave period. If the surety company pays on a claim to the educational institution or school district, the instructor is expected to pay the surety on the claim.

NOTE: Please complete and return the application with a copy of your bank statement, a copy of the letter from your school district approving the leave, and a written statement of what you will be doing while on leave.  Follow the instructions below to fax, email, or mail your correspondence.

DOCUMENTS:

Sabbatical Leave Bond Application (PDF)

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Fax Instructions:
Complete fully, sign, and date as
directed the application forms.
DO NOT LEAVE FIELDS BLANK
Fax documents to:
(877)577-1722 or (209)954-0800
or email: bonds@sanguinettico.com
Please forward by the original
signed forms and documentation.
Mail Instructions:
Complete fully, sign, and date as
directed the application forms.
DO NOT LEAVE FIELDS BLANK
Mail the completed forms and
documentation to:
Sanguinetti & Co.
7337 Pacific Avenue
Stockton, CA 95207-1924


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