Surety Bonds

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Surety bonds are used throughout a range of trading professions, whether here in the UK or internationally. They are used to help businesses secure work, and make a guarantee that something will be done to the required specifications, and used as a safety blanket if anything were to go wrong.

They are most popular in the construction industry. For example, a local authority will use them to help guarantee the building of a new school by a third party company is built to standard and on time. If not then the bond will be used to finance finishing the job.

At Alternative Insurance Brokers, we understand the importance of getting the correct bond in place to help your business. There are many types of bonds, all different in their own way.  For this reason bonds can be complex, and hard to understand if it’s a new concept to you. We will help you to find the right bond for the best price to help secure your contract.

What We Offer

1. Competitive rates from top insurers

2. Deal with the same adviser throughout the process

3. Able to provide bonds throughout Europe

4. Each bond bespokely assessed 

Get a Quote

Fill in the form below and our team will be in contact shortly to give you a quote.

To get a quote for your surety bond there are many factors that we need to access. The forms below will help you to provide all these details, such as your company financial information and history and the details of the project. 

If you have all these details ready and availible please download and complete all the forms below and send them to bonds@alternativeinsurancebrokers.co.uk.

General Information Form

Application Form

Bank Information Form

Surety Bonds FAQs

Who does a Surety Bond involve?

A bond will involve the following three participants:

The Surety The Principal The Obligee
Entity providing guarantee You The party who requires the bond

What is a Surety Bond?

Surety bonds are a financial guarantee put in place to ensure that the obligations of a contract are met. If they are not, then the bond acts like an insurance, and can be claimed upon to help fulfill the terms of the contract.

To find out more click here.

 

What Surety Bonds are available?

Advance Payment Guarantee Duty Deferment Reinstatement Bonds
Bailiff Bond Landfill Bonds Remediation Bond
Completion Guarantee Materials Supply Rent Deposit Guarantee
Construction Guarantee Payment Bond Rent Guarantee
Contract Guarantee Payment Guarantee Restoration Guarantee
Deferred Payment Guarantee Pension Bond Retention Bonds
Deposit Protection Performance Bond Road Bonds
Development Bond Purchase Guarantee Sewer / Water Bond
Warranty Bond

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