08 · Companies
Surety bonds
Surety bonds
The guarantees contracts require: bid bond, performance, advance payment, wages and stability of the works.
- Who it is for
- Contractors and suppliers
- How it is bought
- Per contract, for its term
- Bid bond
- Contract performance
- Proper use of the advance payment
- Wages and social benefits
- Stability of the works
- Breaches caused by the contracting party
- Force majeure
Keep in mind
The policy’s coverages and terms must match those of the contract.
Reference coverage. The exact conditions depend on the policy each insurer issues.
Compare
How the options compare
| Insurer | Seguros Mundial | HDI Seguros | Zurich |
|---|---|---|---|
| Sum insured | [CIFRA] | [CIFRA] | [CIFRA] |
| Deductible | [CIFRA] | [CIFRA] | [CIFRA] |
| Per-event limit | [CIFRA] | [CIFRA] | [CIFRA] |
| Exclusions | [CIFRA] | [CIFRA] | [CIFRA] |
[CIFRA] = Reference value to be confirmed. Insurers and reference values to be confirmed with each company. Your analysis includes the real comparison, with figures and date.