Guarantees & Warranties Zurich as guarantor for your business Are clients, business partners or government bodies demanding a guarantee or other security from your company? Zurich Guarantee and Surety Insurance prevents liquidity shortfalls and builds trust between business partners. 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 In detail 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 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. Our advisory service We would be glad to advise you on how to obtain sureties and guarantees without damaging your liquidity. Request advice Find an agency Call 0800 80 80 80 from outside Switzerland +41 44 628 98 98