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
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.
Please download and complete all the forms below and send them to email@example.com.
General Information Form
Bank Information Form
If you have any questions that you would like answered before proceeding with a quote then please contact our team using the form below and they will get back to you shortly.
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|