Surety Insurance (Guarantors)
Surety insurance is a guarantee provided by an insurance company, guaranteeing the fulfillment of an obligation that an individual or legal entity may have.
Coverage
The coverages offered by Surety Insurance are as follows:
- Guarantees the events that the insured is contractually obliged to indemnify.
- It may cover advance payments on account, performance or quality guarantee, bid bond, etc.
To be taken into account
It is a substitute for bank guarantees with the following differences:
- They do not affect the CIRBE
- Contractables are more logical or non-existent
- Costs are more economical
The cost will vary depending on the balance sheet and activity.
Information request form
To request information about the product, please fill in the following fields of the form.
