Bonds and Guarantees

  • By Operations
  • last updated 02/11/2016
  • +

Bond insurance is a type of cover where by Allied Insurance guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the insured of the bond or security.

Types of Bonds offered by Allied Insurance

Zimra Bonds

These include
  • ) Agents bonds
  • ) Warehouse bonds
  • ) Removal and Transit bonds
  • ) Railway siding bonds

Construction Bonds

These include
  • ) Performance Bonds
  • ) Advance Payment bonds
  • ) Retention bonds
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