Performance bond gives your buyer/seller assurance that if you don’t perform your obligations under the export contract or buy/sell contract, they can call on the bond to reduce their losses or limit their losses.
view detailsFinancial Guarantee Bond guarantees the payment of principal and interest on a loan, and the Performance Bond protects the value of a product for an export contract or a buy/sell commodity trade.
view detailsOther guarantee Bonds are purchased through a one-time payment to a bond issuer for a Financial Guarantee Bond, (normally issued to guarantee bank financing), or a Performance Bond.
view detailsIn the course of your commercial endeavours, you’ll often be required by a bank to provide a A3 INSURANCE BROKER (S) PTE. LTD Financial Guarantee Bond. A Financial Guarantee Bond gives your bank assurance that if you don’t perform your obligations under the terms of your financing agreement with them, they can call on the bond to reduce their losses.
Guarantee the project owner that your project will be completed as promised.
For physicians and healthcare professionals to protect against alleged claims of negligent acts.
Indemnify yourself for any loss of money or property as a result of fraud, theft or dishonesty.
Safeguard your business against claims arising from your company’s negligence or wrongful advice.
Mitigate the risk exposure that your business might suffer following a cyber-related security breach.
Protect the assets of your company directors and officers in the event of legal action against them.
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Who issues a corporate bond to the product seller, to guarantee payment for the commodity, in the event of default by the client, (buyer).
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So he will buy from the producer at one price, and sell to the exit buyer at a higher price, retaining the difference, (profit), at closing.
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Or a Performance Bond (normally issued to provide collateral for buy/sell commodity trading).
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