Products and Services

What are Insurance Bonds?

Put simply, a Performance Bond (or Surety Bond), is a ‘Contract of Guarantee’ in which the Guarantor undertakes to pay damages to a Third Party if there is a breach by his Contractor.

In the Construction Industry, Performance Bonds issued by Insurance Companies are used to reassure Employers that the Contactor will ‘Perform’ in accordance with the Building Contract.

Performance Bonds Online allows you instant quotations on the following Surety and Guarantee Products (Click on any of the links on the left for an explanation of each type of bond):

• Performance Bonds
• NHBC Bonds
• Bid Bonds
• Retention Bonds
• Advance Payment Bonds
• Section 38 & 104 Bonds

We can also provide you with quotations on the following:

• Rent Guarantees
• Deposit Guarantees
• Deferred Consideration Bonds
• Bespoke Surety Products

Additionally, if you would like to contact us directly or call us on 0800 043 2698