Quantity Bonding Insurance

Purpose of coverage

The quantity guarantee insurance insures the refund of amounts paid on account for uncompleted contracts.

Coverage

    • The refund of the amount advanced in the event of non-delivery of the dwelling and insolvency of the developer
    • The amounts paid on account of the dwelling have been paid and deposited in the special account identified in the Special Conditions of the contract.
    • The construction of the dwelling is not started, not completed or not finished within the term agreed upon in the contract of sale of the dwelling and/or eventual supplements or addenda of extension of maturity. 
    • The Developer of the dwellings has been requested by notary or in some other undoubted manner and has not returned the amounts delivered.

Many businesses, sectors and companies trust in the professionalism and experience offered by the Real Estate Unit of Grupo Galilea, because we know that having insurance is not the same as being insured.

More information

To be taken into account

It is mandatory in any development that receives payments on account prior to the completion of construction.

Information request form

To request information about the product, please fill in the following fields of the form.