WHAT WE OFFER
A performance bond is a surety bond issued to guarantee the satisfactory performance of a contract, according to its specifications, by a contractor. This guarantees the performance of the contract in line with the specifications and requirements as specified in the contract agreement or letter of award.
Usually a performance bond is taken for a small percentage of the contract sum as the principal is expected to have done her initial due diligence in selecting one contractor out of a panel of contractors that bid for the contract.
In order to facilitate assessment and issuance of the bond, we require a few pieces of financial and technical information and documentation to accompany the request for cover.
Our sample performance bond can be downloaded here.
WE PICKED THESE FOR YOU
Personal Savings Plan
Mortgage Protection
Family Benefit
CLAIMS PROCESS
Documentation: Upload all necessary documents depending on the kind of claim it is.
- Processing: Claim is received and processed.
- Settlement: Claim is settled on confirmation.
WHY LEADWAY?
Capacity to pay claims: In the past five years we have paid over N92 billion in claims. Solid financial reputation: With an asset base of over N270 billion, we remain Nigeria’s strongest insurer. Easy Claims Settlement: We tell no stories when you make claims, we pay imediately your claim is verified. Customer Care: Our customer service representatives are always available to attend to your inquiries.
