Guarantees from the Dirección general de la policía for security companies
Ensure your operation in the private security sector.
At SABSEG, we provide guarantees in accordance with Law 5/2014 to facilitate security companies' authorization to operate and their registration in the Registro Nacional de Seguridad Privada (National Private Security Register).
According to Law 5/2014, of April 4, on Private Security, security companies are required to establish a guarantee before the Dirección General de la Policía (Ministry of the Interior) in order to obtain express authorization to operate and be registered in the Registro Nacional de Seguridad Privada. This guarantee aims to ensure the obligations derived from the company's activity. The amount of the guarantee is established in the law itself and varies according to the activity to be carried out and the geographical scope of operation.
Coverages
The coverage of the guarantee responds to the obligations, penalties, and other expenses that may arise against the insured, including the payment of fines imposed according to the Reglamento de Seguridad Privada (Private Security Regulations).
Guarantees from the Dirección general de la policía for security companies
How can we help you?
Contact your specialists for Guarantees from the Dirección general de la policía for security companies
Frequently asked questions
Who takes it out?
Private individuals, whether physical or legal entities, who provide surveillance and security services for people or property, considered as complementary and subordinate activities concerning public safety.
When is it taken out?
According to Law 5/2014, of April 4, on Private Security, security companies must establish this guarantee mandatorily before receiving authorization to operate and being registered in the Registro Nacional de Seguridad Privada (National Registry of Private Security).
To Whom is it submitted?
The guarantee is presented to the following official organizations:
Ministerio del Interior.
Dirección General de la Policía.
Comisaría General de Seguridad Ciudadana.
Advantages of Guarantees from the Dirección general de la policía for security companies
Bond insurance for security companies offers several advantages over other options such as bank guarantees:
Increased credit capacity: It does not compute in CIRBE.
Reduction of balance sheet liabilities.
Lower costs: No study or opening fees.
Amounts are not pledged.
How to Request a Guarantee from the Dirección general de la policía for security companies?
To take out our guarantees, it is essential to present the following documentation:
Questionnaire for application. This insurance is linked to the Professional Liability policy adapted to the law and to the mandatory collective accident policy by agreement.
Applicable Legislation
Law 5/2014 of April 4, article 19.