Used to guarantee to the insured (Contractor / Granting authority etc.) indemnification for the damages caused by the refusal of the company winning the contest to sign the main Contract, under the conditions proposed in the Notice, within the established period.
Used to guarantee to the insured (Contractor / Granting authority etc.) indemnification for the damages caused by the default of the obligations assumed in the main Contract, by the contracted company (borrower), for construction, supply or service rendering.
Additional Coverage, when offered as a complement to the execution guarantee in a contract, is intended to guarantee the reimbursement of damages that the contractor suffers from the non-fulfillment of the contractual obligations of his contractor.
If required under contract, when the insured is a private company.
Used to guarantee the payment of value related to the deposits in court necessary to carry out in the process of judicial proceedings.
From now on it is also possible to choose for the Bond Insurance in the recursal deposits. Judicial deposits are a way for Brazilian courts to guarantee compliance with future obligations and indemnities while the values ??of a lawsuit are still under discussion. The understanding is that if the money is deposited before the court in a future conviction, it will cover the indemnity even if, in this period, the company becomes insolvent.
Used to guarantee the insured (Contractor / Granting authority etc.) indemnity for the damages caused by the default of the obligations assumed by the contracted company (borrower) in relation to the payments advanced in the execution of the contract.
Used to guarantee to the insured (Contractor / Granting authority etc.) indemnity for the damages caused by the failure to take corrective actions, within the agreed term.
Used to guarantee the regulation of the customs process with the Federal Revenue, corresponding to the payments of taxes suspended on imports, as for example in the regime of temporary admission.