What is it?
Surety bond insurance guarantees the proper fulfillment of contractual obligations assumed by a company vis-à-vis the beneficiary of the bond. It is a means, in situations where there is a legal or regulatory requirement, of guaranteeing the protection of the beneficiary in the event of non-compliance by a policyholder up to the contracted limit.
Who is it for?
This insurance is intended for all companies that have to provide guarantees or provide security for the fulfillment of contractual obligations relating to the provision of various services, such as construction, engineering or materials supply contracts.
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