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✓ Surety Insurance

Performance Bond

A bond that guarantees the contractor will perform the project as per the agreed terms, timelines, and quality standards.

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About This Policy

Performance Bonds provide assurance to project owners that the contractor will complete the project as per the agreement. If not, the insurer steps in to compensate or complete.

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Who Should Buy?

Large infrastructure and EPC firms, Contractors working on NHAI, MoRTH, or PWD projects, MSMEs executing turnkey or design-build contracts.

Coverage

What's Protected

Comprehensive coverage designed to give you complete peace of mind

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In case the contractor defaults, delays, or fails to deliver the project as per specifications, the insurer will pay the project owner up to the bond amount or arrange for project completion. This protects public and private developers from construction risk.

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Performance Bond

About This Policy

Who Should Buy?

What's Protected

Similar Policies in Surety Insurance

Bid Bond

Advance Payment Bond

Maintenance Bond

Retention Bond

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