Trusted IRDAI-Certified
Insurance Partner
Affordable, well-rounded benefits
designed to support employee wellbeing,
financial security, and long-term workplace satisfaction.
What’s Covered
Surety Bond Insurance guarantees the fulfilment of contractual obligations by businesses or individuals to a third party. It protects clients against financial loss in case of non‑performance, default, or breach, helping organisations build trust, meet regulatory requirements, and enhance credibility in both public and private sector engagements.
Covers losses if a contractor fails to complete a project or deliver services as agreed. This ensures clients are compensated while encouraging timely and reliable performance from contractors or service providers.
Protects against non‑payment or default by a principal towards subcontractors, suppliers, or vendors. This guarantees financial security for all parties involved in contractual agreements and supports smooth business operations.
Provides assurance to clients that a bidder will enter into a contract and furnish performance bonds if awarded. It strengthens credibility and reduces risk during competitive tendering processes.
Covers obligations to repair, maintain, or replace defective work or products within the agreed warranty period. This protects clients from post‑completion issues and ensures accountability.
Tailored bonds designed for specific industry requirements, project size, or regulatory conditions. This flexibility ensures that the coverage aligns with client and project risk expectations efficiently.
Includes assistance in filing claims, documentation, and dispute resolution. Advisory support ensures smoother claim processes and mitigates delays in recovery or enforcement of bond obligations.
Ensures third parties are compensated for non‑performance risks.
Demonstrates reliability to clients, partners, and stakeholders effectively.
Protects against monetary losses due to contractual defaults.
Meets statutory and contractual bonding requirements across sectors.
Motivates contractors and vendors to fulfil obligations promptly.
Tailored bonds based on project, client, or sector specifics.
How to Buy
Choose the right mix of benefits, compare insurer offerings, share employee details, and activate coverage effortlessly with Disha Insurance’s guided support.
Instant & personalised
No impact on credit score
No hidden fees
Identify health, financial, and wellness requirements for your employees.
Review coverage options, premiums, and add-on benefits across providers.
Share employee lists and documents for customized plan evaluation.
Approve plan, complete payment, and initiate coverage for all employees.
Faq’s
Surety Bond Insurance is suitable for contractors, service providers, suppliers, and businesses entering agreements requiring financial guarantees. It protects clients from losses due to non‑performance, default, or contractual breaches while enhancing trust and compliance in both government and private sector projects.
The policy can include performance bonds, payment bonds, bid bonds, maintenance bonds, and customised bonds for specific projects. Coverage ensures financial protection and legal assurance for clients and stakeholders against default or non‑performance risks.
Surety bonds are often contractually required, particularly in government projects, large-scale construction, or supply agreements. While not universally mandatory, they are critical for securing contracts and demonstrating financial reliability and operational integrity to clients.
Claims require submission of supporting documentation, proof of default or non-performance, and contractual agreements. The insurer evaluates the claim, compensates the client within policy limits, and may provide guidance for dispute resolution or enforcement of bond obligations efficiently.
Yes, Surety Bond coverage can be tailored according to project type, industry, contract size, and risk exposure. Customisation ensures that bonds meet client requirements, regulatory expectations, and operational needs for construction, services, supply, or public sector engagements.
Disha Capital Insurance Brokers Pvt Ltd
Head Office : 1404-A, 43, Nehru Place, New Delhi, Delhi 110019
Contactus@dishainsurance.com
9319222734
