Champions Insurance

Surety program tailored tailored to your needs

Champions Knows Surety Bonds & Guarantees

Whether you’re an individual seeking a particular type of bond or guarantee, or run a business with a variety of bonding requirements, Champions can provide a surety program tailored to your needs.

Surety Bonds & Guarantees provided by Champions

Covers the employer during the bidding process, and guarantees that the bidder abides by the conditions of the tender

 Covers the employer for the prepayment of monies advanced to the contractor.

 Covers the beneficiary against the risk of the contractor not fulfilling his contractual obligations in terms of the contract.

 Covers the beneficiary against the risk of the contractor not fulfilling his contractual obligations in terms of the contract.

Replaces monies ordinarily retained by the employer until project completion.

Covers the supplier of goods and services against non-payment by the buyer.

Offsite guarantee, which covers the employer for the value of materials stored either on or off site by the contractor.

Covers the principal for the deposit or payment of monthly accounts on an electricity or water account, should a company fail to pay their bill.

Covers a state-owned utility provider against the risk of the contractor not fulfilling his contractual obligations in terms of the contract.

Covers businesses involved in import, export, manufacturing, sales or distribution of goods.

Included both liquidation bonds and deceased estates.