Bonds are a form of financial security/surety offered/issued on behalf of the insured against third parties known as principal guaranteeing fulfilling of financial obligations by the insured.
These may be varying in nature and can be either a form of customs bond, bid bond, tender bond, advance payment bond, performance bond, immigration bond, etc., These bonds indemnify the principals against specified financial defaults by the insured.
- Assets Protection and Loss of income
- Projects & Transport
- Employee Benefits & Litigation Protection
- Special Risks