Benefit from a payment guarantee in the event of non-performance by a contractor.
Variants
Bid Bond
This Bond guarantees that the Contractor, if successful in the biding process, will satisfy other requirements prior to the execution of the contract and would not renege on the provision of performance guarantee and actual execution of the contract. The liability here arises from the cost incurred in going through another tender procedure.
Advance Payment Bond
This Bond guarantees that monies advanced by the Employer for a contract will be utilized adequately by the Contractor (who takes out this policy in favour of the Employer/principal)
Performance Bond
This Bond guarantees to pay upon the default of the Contractor in executing the contract as per the terms and specifications.
Sanlam General Agricultural Insurance Products are designed to protect farmers against financial losses and give farmers peace of mind against these risks and uncertainties.Introduction Agriculture is fraught with a lot of risks and uncertainties. Risks such a...
Sanlam himself is the pain that loves, the main guy is comfortable.But my makeup is pure of course. Find our Sales Outlets
Protect yourself from fraudulent acts committed by your employee.Introduction This product us designed to offer compensation for financial loss arising from the dishonesty or fraudulent acts of staff of a company, especially financial institutions, who handle ...
Offers financial indemnity for losses as a result of Fire, Lightening, earthquake, tornado, bushfire, tempest, impact, flood, subterranean fire, and explosion. etc... Find our Sales Outlets
This is suitable for the import of goods being conveyed by sea or air from outside Nigeria. Find our Sales Outlets
This policy offers cover on the insured machinery for fortuitous physical damage arising when the machinery is at rest in use, mishandled by operators, loosening of parts, vibration etc. Find our Sales Outlets <p style="text-align: center;">[get_quote_b...
His is suitable for the import of goods being conveyed by sea or air from outside Nigeria. Find our Sales Outlets
This insurance to provide financial compensation for injury from an accident or bodily harm to any member of the public arising from the use of the facility. Business premises, Industrial sites, construction sites, Hotels, Public Buildings, Private buildings, ...
Benefit from indemnities following professional financial losses. Find our Sales Outlets
All risks insurance covers sudden unforeseen losses to the plant including fire, burglary, theft, earthquake, storm and flood, collision and overturning all coming from an external source to the machinery. Find our Sales Outlets <p style="text-align: cente...
Directors & Officers Liability This is an insurance taken out in favour of Directors and key Officers of a Company for liability claims against them while dispensing their duties in their official capacity. Find our Sales Outlets <p style="text-align: ...
This Insurance offers indemnity against the loss of money, money order, and recharge cards etc. arising from actual theft. Financial Institutions and business concerns can take out this policy with defined limits Find our Sales Outlets <p style="text-align...
Oil & Gas Insurance Cover direct losses that may occur in the event of fire or sudden damage. Find our Sales Outlets
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