SURETY BOND (SME) โ€” BAJAJ ALLIANZ

Contract surety for bid, performance, advance payment & retention money bonds.

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PRINCIPAL (CONTRACTOR) DETAILS

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BENEFICIARY (OBLIGEE)

The beneficiary must appear on Bajaj Allianz's approved beneficiary list at the time of issuance. Check the latest list before binding.

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BOND & CONTRACT DETAILS

Bond value as a share of the contract value: โ€”

Bond period: โ€” โ€” recorded on the quote. The premium shown is for ONE year; a longer bond renews annually at the same rate.

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PREMIUM

ParticularsBond Value (โ‚น)Rate โ€ฐPremium (โ‚น)
Surety bond premium 0 0.00

Rate supplied by the business at โ‚น2 per thousand of the bond value, per year. The bond is renewable annually and the premium falls due on each renewal. Editable above for an underwriter override.

This product has no insurer rater workbook behind it. The flat annual rate does not vary by bond type or contractor credit rating โ€” surety pricing normally does. Please confirm against a Bajaj Allianz surety rate chart before releasing to a client.