Good to know
- The premium for your guarantee and surety insurance is calculated based on the guarantee amount, the duration of the insurance benefit and your company’s credit rating.
Kautionsversicherung & Garantieversicherung
Benefits at a glance
- Zurich offers insurance for various guarantees and warranties
- With a solution from Zurich, you ease your credit line with banks to give yourself more financial freedom
- Zurich works with you to develop a completely customized solution
- Contractor’s liability can be taken out online
More details
Whether contractor’s liability or suretyship: Zurich Guarantee and Surety Insurance offers a range of options that can be tailored to your specific circumstances.
Advance payment guarantee
- Zurich guarantees advance payment that your company receives from your client
- If your company is unable to fulfill its contractual requirements, Zurich serves as guarantor for the reimbursement of these advance payments
Execution guarantee
- If your company does not complete work according to contract, Zurich acts as guarantor toward your client
Work guarantee
- Zurich guarantees the costs of resolving latent defects that arise only after the work has been accepted, when your company is no longer able to do so
- By taking out a work guarantee, your company will be repaid the amount held back for this purpose (usually 5% to 10% of the building sum)
HR agency guarantee
- The law states that HR agencies must pay a surety to be used to remunerate their employees in the event of insolvency
- Zurich is a key partner for many companies in this sector
Customs bonds
- Customs bonds allow for faster and thus cheaper customs clearance processes
- Zurich serves as guarantor toward the Swiss Directorate General of Customs for the timely settlement of your unpaid customs liabilities
Special bonds
- Insurance for other legally mandated sureties
Our advisory service
We would be glad to advise you on how to obtain sureties and guarantees without damaging your liquidity.
