Askari Insurance Bank Scope And Types Of Bond Offered,Insurance Quotes

Scope Of Cover: 

A bond is not a policy of insurance but is in effect a form of financial guarantee.It is a guarantee by one party  to another party that  third party will meet its contractual obligations.The Policy  protects you from physical loss or damag as a result of fire and lightning which is basic cover and it can be extended to cover named perils such as explosing natural calamities imopact damage by vehicles animals aircrafts riots strike malicious acts bursting of pipes water tanks sprinkler leakage and bush fires.

Types Of Bond Offered:

Bid Bond 
Performance Guarantee Bond 
Mobilization Advance Bond
Retention Money Bond
Excise Bond
Supply Bond
Warranty Bond

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