Judicial surety insurance and guarantees
Secure your operation in the private security sector.
At SABSEG, we facilitate security companies in obtaining guarantees according to Law 5/2014, thus ensuring their authorization to operate and their registration in the Registro Nacional de Seguridad Privada.
According to Law 5/2014, of April 4, on Private Security, security companies are required to establish a guarantee with the Dirección General de la Policía (Ministry of the Interior). This guarantee is an essential requirement to obtain the necessary authorization to operate and be registered in the Registro Nacional de Seguridad Privada (National Private Security Register). The amount of the guarantee varies according to the activity and the geographical area in which the company operates.
Coverages
The guarantee coverage ensures the fulfillment of obligations, penalties, and expenses that may arise, including the payment of fines imposed according to the Reglamento de Seguridad Privada (Private Security Regulations).
Judicial surety insurance and guarantees
How can we help you?
Contact your specialists for Judicial surety insurance and guarantees
Frequently Asked Questions
Who takes it out?
Individuals or legal entities that offer surveillance and security services for people or property, considered complementary activities to public security.
When is it taken out?
According to Law 5/2014, security companies must establish this guarantee before receiving authorization to operate and being registered in the Registro Nacional de Seguridad Privada (National Private Security Register).
To Whom is it submitted?
The guarantees are submited to:
Ministerio del Interior.
Dirección General de la Policía.
Comisaría General de Seguridad Ciudadana.
Advantages of the Dirección General de la Policía Guarantees for Security Companies
Surety bonds for security companies offer multiple advantages over options like bank guarantees:
Increased credit capacity: Not computed in CIRBE.
Reduction of balance sheet liabilities.
Lower costs: No study or opening fees.
Does not immobilize financial resources.
How to Request a Guarantee from the Dirección General de la Policía for Security Companies?
To contract our guarantees, it is necessary to submit:
Questionnaire for application. This insurance is linked to the Professional Liability policy adapted to the law and the mandatory collective accident policy by agreement.
Applicable Legislation
Law 5/2014 of April 4, article 19.