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 |


