BOND/GUARANTEE INSURANCE

BONDS/GUARANTEE INSURANCE

Insurance bond is a form of guarantee arranged by us to our accredited and highly recommended contractors to their principals. It is given to the principle in order to protect him against losses of damages he may suffer (especially financial) resulting from the failure of the contract to fulfill or abide by the terms and conditions of the said contract or agreement.

We grant the following types of Bond/Guarantee: Performance Bond, Advance Payment Bond, Customs Bonds, Bid/Tender Bonds and Credit Bond

There are two types of bond, namely;

  1. Performance bond
  2. Advance performance Bond

The rate is 1% of the value

 

 

 

1 %
success rate
1 +
Custom Options
1 /7
Travel Support
1 +
Insurance Cases

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