Also known as a performance guarantee, bonds ensure suppliers deliver on their agreements.
A Performance Bond is a form of security provided by a supplier or contractor.
It provides security to the owner that in the event of non-delivery by the supplier or contractor, the owner’s losses and damages will be paid under the bond up to a maximum threshold.
Performance bonds typically represent an undertaking by a bank or insurance company to make a payment if the supplier or contractor has defaults on a contract.
Our specialist team at IMS can guide you to obtain a variety of performance bonds.
You’ll discover our service to be personal, friendly and flexible to satisfy your insurance needs.
Even if you already have insurance, contact IMS for an objective second opinion.
You may discover we can offer you something way better than what you already have.
IMS: Insurance Specialists
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We understand the intricacies that can be associated with sourcing and arranging the right insurance for your needs.
Even if you have unique circumstances or requirements that other insurers struggle with, talk to our team and discover how we can help!
Expert Claims Support
Should things go wrong, we're here to help
You often only discover how great an insurance policy in those tricky circumstances when you must make a claim.
We pride ourselves in supporting our clients in getting paid what they deserve with minimum fuss - and for larger or more complex claims - we often involve sector specialists.
We provide this independently of the underwriter and we'll help you understand your rights and the steps to take.