Our Sureties product offering is a comprehensive solution that covers a wide range of bonds and guarantees tailored to match specific risks

We understand that every situation requires a unique approach, which is why we work closely with our clients to provide customized coverage. Whether you need performance bonds, payment bonds, bid bonds, or other guarantees, our expert team will ensure that your business transactions and obligations are safeguarded. 

With our flexible and reliable solutions, you can instill confidence in your stakeholders and navigate the complexities of the business landscape with peace of mind. Choose our sureties product offering to mitigate risks, ensure financial security, and foster successful business relationships.

Surety Insurance

In terms of products, the Sureties market is comprised of a wide range of bonds and guarantees which are provided to match the specific nature of risks they are required to cover. KIZ has the ability to consider and provide a wide range of Surety products. These include different types of bonds and guarantee, as follows:

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Surety Policy

With our diverse product offering, you can choose the specific insurance solutions that align with your business requirements, providing you with peace of mind and financial protection in various situations. Trust KIZ to deliver reliable and tailored insurance coverage to meet your specific needs.

Insurance Solutions

Bid & Tender Bond

Provides assurance to the project owner that you will fulfill your obligations if awarded the contract.

Advance Payment Guarantee

Protects the project owner by guaranteeing the repayment of any advanced payments made to you.

Performance Bonds

Ensures that you will complete the project according to the agreed-upon terms and conditions.

Maintenance Bond / Retention

Covers any defects or issues that may arise during the maintenance period after project completion.

Repayment Guarantee

Guarantees the repayment of loans or financial obligations to lenders or creditors.

Payment Guarantee

Assures suppliers or vendors that they will receive payment for goods or services provided.

Security Bond

Provides financial security in cases of default, non-performance, or breach of contractual obligations.

Bankers Blanket Bond

Protects banks from losses resulting from fraudulent activities such as employee dishonesty or forgery.

Payment Protection and Default

Safeguards against non-payment or default by customers or clients.

Trade Credit Insurance

Protects against the risk of non-payment by customers for goods or services on credit terms.

Customs and Taxes Bond

Ensures compliance with customs regulations and guarantees payment of duties and taxes.

Residual Value Insurance

Protects against the depreciation of an asset's value over time, ensuring the guaranteed value at the end of the lease or financing period.

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