This are guarantees that may from time to time be required by other parties to be executed by an insurance company to certify that the insured will observe or maintain a certain state of affairs or will perform a certain task to the required standard or as per an agreed contract.
The bonds will include
» Customs Bonds
» Immigrations/Security Bonds
» Performance /Contractor’s Bonds
» Tender /bid bonds
» Financial Guarantee Bond
Upon executing such a bond as requested, The Heritage acts as the guarantor, and is bound to pay a defined amount of money should the person/party so guaranteed, fail to meet the terms and conditions of the contract with the third party