surety insurance

We explain what it is A Surety Insurance
Guarantee insurance or surety insurance is the insurance contract through which the insurer (policyholder) is obliged to indemnify the insured (insurance beneficiary) for the damages that may be caused to the latter in the event of breaching its obligations. contractual.
MAIN FEATURES
advantage 1
Compared to the Bank Guarantee, this insurance has the advantage that it is not necessary to immobilize cash.
advantage 2
Insurance is not integrated into this database: Unlike the bank guarantee, thus eliminating the accumulation of banking risks and achieving an improvement in the financial image
Advantage 3
Some applications of this insurance: -Guarantee in repayment of advance amounts for the purchase of homes. -Guarantees required in contracts with Public Administrations. -Guarantees provided to private companies.
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For a small amount, you can ensure the fulfillment of the obligations contracted towards you.
Clear the unknown of whether you will charge or whether they will honor you.

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