CONTRACT’S ENFORCEMENT INSURANCE (PERFORMANCE BOND)
COVERAGE
The insurer guarantees and compensates the Insured for:
- every non - fulfillment of the contract’s obligations from the Insured as a contractor, within the value defined by the law for the insurance of the contract’s performance
CLAIM DOCUMENTS
- original insurance policy
- written insurer request
- balance sheet signed between the contracting parties, regarding the non fulfillment of the contract and its value.
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