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Tel No. 8-890-4051

AGENTS PORTAL

Bonds

SURETY BONDS
Bonds issued by the Company serve as a guarantee that the Principal fulfills obligations to the Obligee under the agreed contract. These bonds answer for the liability of the Principal (Contractor) to the Obligee (Owner) in case of default.

Here are the types of bonds that we issue: 

CONSTRUCTION BONDS

  • Bid Bond

    Guarantees that the winning bidder will enter into the contract and provide the required performance bond.

  • Performance Bond

    Ensures the contractor completes the project according to contract terms and conditions. 

  • Advance Payment Bond

    Secures that any advance payment released by the project owner is properly used for its intended purpose. 

  • Warranty/Guaranty Bond

    Assures the project owner that the contractor will correct defects or honor warranty obligations during the warranty period. 

  • Retention Money Bond

    Allows the contractor to withdraw the retention money withheld by the project owner, while guaranteeing that defects or obligations during the warranty period will be fulfilled, otherwise the surety answers up to the bond amount.

     

JUDICIAL BONDS

  • Administrator/Executor’s Bond

    Ensures administrators or executors of estates faithfully perform their duties. 

  • Attachment Bond

    Protects against damages if an attachment is later found wrongful. 

  • Guardianship Bond

    Guarantees proper management of assets belonging to a minor or incapacitated person. 

  • Heirs’ Bond

    Ensures heirs settle valid claims before distributing estate assets. 

  • Replevin Bond

    Guarantees return of property in cases involving recovery of personal property. 

  • Receivership Bond

    Ensures that a receiver appointed by the court performs duties faithfully. 

  • Injunction Bond

    Protects the restrained party if an injunction is later declared wrongful. 

LICENSE AND PERMIT BONDS

Real Estate Broker’s Bond 
Guarantees licensed brokers comply with laws, rules, and regulations governing their profession. 

FIDELITY BOND

Fidelity Bond 
Protects employers against losses caused by employee dishonesty, such as theft or fraud. 

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