Home > Home > Our Solutions > Bonding and Guarantees > Surety Bond Insurance

Surety Bond Insurance

A surety company can issue a contractual or performance bond on your behalf. Our Surety Bond Insurance protects your surety company from losses if your customer demands payment against that bond. This encourages the surety company to provide you with the bonding capacity you need to sell to the U.S. or internationally.

  • Easy access to contract or performance bonds.
  • Bid on more projects and grow your business.

Enhance your ability to bid on contracts

You have your eye on a lucrative business venture and you know your company can fulfill the deal. With a surety company onboard and our Surety Bond Insurance in place, you don’t have to worry about the project’s bonding requirements standing between you and your business goals.

Don’t have a surety bond provider?

If you aren’t presently working with a surety company, we can also help by facilitating the issuance of the required bonds through our surety partnerships. Our bonding insurance solutions can support contracts in all industry sectors and in non-traditional surety markets.

Qualification

In evaluating applications, we assess a number of factors—among them:

  • managerial, technical and financial capabilities;
  • contractual terms;
  • bonding instruments;
  • conditions and economic outlook in the customer’s country, and the customer’s profile;
  • Canadian exports of goods and services, or other significant benefits to Canada.

Cost

Costs are based on the associated risks and the duration of the bonds.

Learn more

View our detailed product brochure (PDF)

Submit a question

Important Information
The above information describes, in general, EDC services and is not a commitment to provide them. Only the documentation supplied by EDC, in connection with any transaction, provides the full detail and terms and conditions.

Working on a new contract?

Call 1-800-229-0575, weekdays
9 am to 5 pm EST

Submit a question

Success Story

Hear from Kubik Inc. who benefited from Surety Bond Insurance

Risk and Cash Flow

Go Global With Confidence

Minimize risks. Manage cash flow.

Subscriptions

Keep track of emerging trends…

relevant to your industry and business. Subscribe to these free on-line reports.