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A performance bond is a guarantee given to an employer by a contractor or sub-contractor. The bond offers protection for the employer against the risk of a contractor not completing what’s been agreed in their contract.
A retention bond is a request that a percentage of a contract’s value is held back to fix defects in work completed by contractors. Usually, the amount retained is between 3-5% of the contract value.
Got a specific question on employers liability insurance? Find out everything you need to know, including what it's designed for, the levels of cover, plus much more.
Public liability insurance is designed to protect you and your business against claims from customers or members of the public.
Tools are your livelihood, that's why we offer standalone cover just for your tools. Also a great addition to any existing policy, with tools insurance you can extend your cover up to £15,000.
Get covered with comprehensive, third party only or third party fire & theft van insurance. Check out our cover options, features and benefits.