A Guide to Performance Bonds
May 3, 2018
Your Guide to Performance Bonds
We’re frequently asked about the difference between insurance and a surety bond. Although a surety company is typically part of an insurance company, the surety bond is not a typical insurance policy.
A Performance Bond guarantees the satisfactory completion of a project. It will protect the project owner against possible losses in case a contractor fails to perform or is unable to deliver the project.
BBi have created a Guide that simply explains Performance Bonds for you. We cover:
- What is a Performance Bond?
- How does a Performance Bond work?
- Who needs a Performance Bond?
- What do they Cost?
- What is the Process?
If you are looking for more information on Performance Bonds, have a read of our Guide.
If you have any questions on Performance Bonds, or you want to find out how our Performance Bonds Service can protect your business, read on.
If you would prefer to speak to one of our advisers, either:
- Call us on 0208 559 2111
- Email us on firstname.lastname@example.org
Ready to Apply?
If you have all the documentation above, then please download & complete the application form here: