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What is Bonds?

Bonds act as financial guarantees that support your business obligations. Whether for hiring foreign workers or securing contracts, they help you manage commitments without tying up capital.

Key reasons to get bonds

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Strengthens your business credibility and reputation

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Frees up business cash flow for smoother operations

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Meets MOM or project compliance requirements

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Gives you peace of mind in fulfilling contractual obligations

Types of Bonds

Choose from the types of bonds that fit your needs

    • Replaces security deposits required by MOM, ensuring compliance without locking up capital.

    • Guarantees project completion or contractor obligations, typically covering 5% to 10% of the contract sum.

Why Choose THIB?

As your independent insurance broker, THIB helps you compare and customise the right business insurance plans. We partner with trusted insurers to deliver cost-effective coverage and responsive service, ensuring your business stays protected as it grows.