BOND INSURANCE
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