{"id":3033,"date":"2019-04-03T00:28:07","date_gmt":"2019-04-02T22:28:07","guid":{"rendered":"https:\/\/www.big-brokers.ch\/polizze-cauzionali\/"},"modified":"2026-01-30T10:53:16","modified_gmt":"2026-01-30T09:53:16","slug":"surety-bond","status":"publish","type":"page","link":"https:\/\/www.big-brokers.ch\/en\/surety-bond\/","title":{"rendered":"Surety Bond"},"content":{"rendered":"

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Surety Bond<\/h2>\n

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An insurance company may take the place of a credit institution with respect to all types of financial guarantee (besides those unrelated to a contractual obligation). Such policies enable funds blocked in connection with a financial guarantee to be freed up in favour of insurance cover. <\/p>
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SURETY BONDS<\/strong> can be subscribed by a company with respect to the provision of goods, services or any other obligation with which it is faced, whether domestically or international and whether the company is private or public.<\/p>\n <\/div>\n \n

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The surety bond is therefore an agreement governing the relationship between three parties:<\/p>\n

- the contracting party, who is required to provide a guarantee but is unable to provide full financial coverage
\n- the beneficiary, who receives a guarantee under the insurance policy should the contracting party be unable to meet its responsibilities
\n- the guarantor, being the insurance company that issues the policy as surety. <\/p>\n
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A SURETY BOND CAN AVOID THE NEED FOR A BLOCKED ACCOUNT<\/h2>\n

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A surety bond can be subscribed by payment of a premium, whereas a bank may demand that funds or financial assets be blocked for the duration of any guarantee issued.<\/p>\n

Following the same principle it is possible to obtain COVER FOR COMMERCIAL CREDIT<\/strong> (transfer to a third party of outstanding receivables) or COVER FOR POLITICAL RISK<\/strong>, necessary for companies active in foreign markets or with foreign suppliers or customers.<\/p>\n \"Image\" <\/div>\n \n <\/div>\n \n<\/section>\n[\/vc_column][\/vc_row][vc_row full_width=”stretch_row_content_no_spaces” content_placement=”middle”][vc_column] \n

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Choose and Contact your Agent<\/h2>\n

Personalized information and advice throughout the world.<\/h6>\n <\/div>\n \n <\/div>\n \n
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Italy<\/h4>\n

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Switzerland<\/h4>\n

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France<\/br> and Monaco<\/h4>\n

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United Kingdom<\/h4>\n

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Greece <\/br> and Middle East<\/h4>\n

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Spain and LatAm<\/h4>\n

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