Protecting the present
for a peaceful future
Bonds i.e. Performance Bond, Advance Payment Bond, Bid Security Bond
This is a type of insurance where an Insurance Company guarantees that Client (Insured) will perform or deliver on the task which they have been employed for. Bond insurance is offered in the following forms;-
- Performance Bond – This form of guarantee will pay the Principle if the Insured fails to perform the task being employed to handle for example construction, supply/delivery of goods and services to the standard agreed.
- Advance Payment Bond – This form of guarantee pays the Principle when they make a payment to the contractor/supplier but fail to deliver after receiving the money.
- Bid Security Bond – This form of guarantee pays out to the Principle should the insured back out from a bid after the work has been won.
Alliance Insurance
Asian Overseas General Insurance Ltd (AOGIL) commenced operations in September 2018, offering select general insurance products in the Seychelles market.
The critical success factors for AOGIL are the quality of service, appropriate insurance products, personal contact, timely service and excellent staff.
Important Links
Contact Details
- P B 87, #201 KANNA MALL, ALBERT STREET VICTORIA, MAHE, SEYCHELLES
- +248 4225858
- +248 2501024
- +248 2501023
- info@allianceinsurance.sc
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