Payment & Deferred Payment Bonds

If you enter into a contract where you are obliged to make payments at a defined future date, you may be required to post a bond. An example could relate to the sale of land whereby the landowner is willing to sell and transfer ownership of land to a house builder or property developer, but where not all of the purchase price will be paid upon the legal completion of the sale. A deferred consideration bond can guarantee payment of future instalments if the house builder or developer defaults.

Highlights

  • Deferred payment guarantees on large commercial or land sale contracts

Best For

  • Large firms
  • High volume house builders
  • Commercial property developers

Why Tokio Marine HCC?

Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Spain and Ireland, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance. Our products and capabilities set the standard for the industry, and many of our almost 3,000 employees are industry-leading experts. Each of our highly entrepreneurial businesses are equipped to underwrite special situations, companies and individuals, and acts autonomously to deliver effective solutions.
Our financial strength ensures our clients will always be protected.

Our financial strength ensures our clients will always be protected.

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Tokio Marine HCC Product Breadth

Our holistic portfolio of products includes more than 100 classes of specialty insurance

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Tokio Marine HCC is part of Tokio Marine, a $31 billion company.

Tokio Marine HCC is part of Tokio Marine, a $31 billion company

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