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A Surety Bond is an agreement between 3 parties, the “principal”, the “surety” and the “obligee”. Surety bonds are most commonly used in construction contracts or in servicing contracts.
It is issued to provide a guarantee to the client that the contractor will be able to fulfill the obligations of the contract. In this arrangement, the obligee is the owner of the project and the principal is actually the contractor who is supposed to fulfill the obligations.
To Register a claim with us sustained during UAE Rains and Floods
Please click below on either of the links.
Register Claim for Motor Insurance Register Claim for Other Insurances
In these trying times, we empathize with each one of you who have suffered from the devastating floods, rain, and storms across UAE. We understand the profound impact it has left on you.
Gargash Insurance is here to support you through this challenging period. Our dedicated professionals are ready to guide you in filing claims and assisting with your recovery.
Take the next step and reach out to us. Assuring you with constant support to get you back on track.