Geoffandgill Posted April 11, 2018 Share Posted April 11, 2018 Our daughter received e-mail today to pay AoS bond at the bank. It says that she is responsible for providing support to the assures, so there is no need for them to claim payment from Centrelink. Why then do they need a $14000 bond with a meagre return of only 2.5% ? Geoff & Gill Quote Link to comment Share on other sites More sharing options...
Alan Collett Posted April 11, 2018 Share Posted April 11, 2018 13 minutes ago, Geoffandgill said: Our daughter received e-mail today to pay AoS bond at the bank. It says that she is responsible for providing support to the assures, so there is no need for them to claim payment from Centrelink. Why then do they need a $14000 bond with a meagre return of only 2.5% ? Geoff & Gill Because that's the rule! The claim on the Assurer is made after the security has been exhausted. Best regards. Quote Link to comment Share on other sites More sharing options...
Geoffandgill Posted April 11, 2018 Author Share Posted April 11, 2018 1 hour ago, Alan Collett said: Because that's the rule! The claim on the Assurer is made after the security has been exhausted. Best regards. Fair enough! Thanks for the quick reply Geoff & Gill Quote Link to comment Share on other sites More sharing options...
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