Financial Insurances
Financial Insurances are a business practices that help corporations hedge against risks of loss implicit in their activities. This type of insurances have appeared as a consequence of the continuously narrowing distinction between financial institutions and insurance companies.
Surety Bonds
The Surety Bond is defined as a written agreement/ contract among three parties- the oblige (the party who is the recipient of an obligation), the principal…
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Customs and Tax Bond
The customs taxes guarantee is a firm and irrevocable commitment undertook by the guarantor regarding the payment in favour of the beneficiary (customs…
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Payment Bond
The Payment Bond is a surety bond posted by a Contractor to guarantee that its subcontractors and material suppliers on the project will be paid.
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Trade Credit Insurance
Trade credit insurance, business credit insurance or credit insurance is an insurance policy and a product offered by private insurance companies and…
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Contractual Guarantees
Bid Bond p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px Arial; -webkit-text-stroke: #000000} span.s1 {font-kerning: none} A bid bond is…
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Commercial loan
The need of financial insurances is determined by the fact that the commercial activity is, by definition, submitted to various risks. Each…
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