This insurance offers relevant advantages for the holder and beneficiary of the policy. It allows the policy holder to free the credit line and avoid the freezing of funds, which lets you focus all your economical financial capacity to the development of p projects. It has a slightly lower price than other products. As regards the beneficiary, it offers a double support (on behalf of the Insurer and Reinsurer) and at the same time a prequalification of policy holder, though which you assess their capacity to comply with assumed obligations in a timely manner.
Contractual GuaranteesThese coverage options protect the contracting party of building works (public and private), provision and/or public and/or private services, if the contractor breaches any duty. There are coverage options for the different moments of a contractual relationship:
- Offer Maintenance.
- Fulfillment of the Contract and/or contract award guarantee.
- Substitution of Repair Funds.
- Advance Payment Bond.
Customs Bond:People who perform customs operations can purchase these coverage options in order to guarantee the final payment of the corresponding rights:
- Temporary Import.
- Temporary Export.
- Difference in Rights, Rates and others.
- Ground Transportation.
- Authorization in Tax Warehouse.
- Lack of Documentation.
- Consignment Shipments.
- It offers different alternatives for different types of contracts.
- With corresponding information, policy is issued on the same day.
- In the case of Customs Bond, with work electronic policy, offering a quick and secure operation.