Insurance guarantees

Insurance guarantees, apart from bank guarantees, are one of the most common instruments used to secure the performance of concluded contracts. Their presentation will usually be requested by the entity commissioning the performance of a given contract or service before signing the contract in case its provisions are not met, the deadline for implementation or the quality of the work performed is inconsistent with expectations.

An insurance guarantee is an obligation of the insurer to fulfill a specific benefit resulting from the content of the guarantee for its beneficiary.

They make it possible to secure virtually the entire investment process at each of its stages.