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Guarantee Bonds

Our experienced team is familiar with the bond and guarantee needs of contractors and can assist you in meeting your requirements in relation to bonds. Including:

  • Bond wordings
  • Tender undertakings
  • Special bond requirements - advance payment bonds/retention bonds

Bonds to suit your requirements are as follows:

Performance Bonds

Contract Bonds (or guarantees) are legally binding documents issued to an employer guaranteeing compliance by a contractor with his obligations. A bond ensures that the employer can recover the direct loss incurred as a result of a contractor failing to fulfil their contractual obligations.

 

Developmental Bonds

A development bond enables a developer to meet the security requirements of Planning Authorities without having to lodge funds with them.

 

Trade Bonds

A guarantee of compliance with Revenue/Customs/EU regulations in relation to import/export of goods and payment of duties.

 

For more information, please contact your Insurance Intermediary

Auctioneer's Bonds

Allianz also provides bond solutions for Auctioneers - which enables the issue of an Auctioneer's Licence.

 
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