Scope of Cover

A bond is not a policy of insurance but is in effect a form of financial guarantee. It is a guarantee by one party (the surety or guarantor) to another party (the body requesting the bond) that a third party (the company requiring the bond) will meet its contractual obligations.

Types of Bond offered
  • Bid Bond
  • Performance Guarantee Bond
  • Mobilization Advance Bond
  • Retention Money Bond
  • Excise Bond
  • Supply Bond
  • Warranty Bond