Bond / Guarantee Insurance
Professional & Corporate

Bond / Guarantee Insurance

Meet contractual obligations with financial assurance — bid, performance, advance-payment and customs bonds for contractors and traders.

We compare 9+ of Kenya's top insurers so you get the best cover at the lowest price.

Why you need it

Tenders and contracts increasingly require a bond guaranteeing you'll perform. An insurance bond frees up the cash or bank facilities you'd otherwise tie up as security, so you can bid for and deliver more work.

We arrange bid bonds, performance bonds, advance-payment guarantees and customs bonds, comparing insurers to secure the guarantee your client or the procuring entity will accept.

Winning work in Kenya increasingly means posting a bond, and tying up cash or bank facilities as security limits how much you can bid for. An insurance bond frees that capital, letting you pursue more tenders while still giving the procuring entity the assurance it needs.

What's covered

Bid bonds

Assure a procuring entity you'll honour your tender if awarded.

Performance bonds

Guarantee you'll complete the contract to the agreed terms.

Advance-payment & customs bonds

Secure mobilisation advances or KRA customs obligations.

Who needs this cover?

  • Contractors bidding for tenders
  • Suppliers to government and county entities
  • Businesses needing advance-payment guarantees
  • Importers requiring customs bonds

Why buy through Naveah Capital?

Buying bond through an independent broker costs you nothing extra, yet changes everything about the outcome. Instead of accepting one insurer's price, you get 9+ compared side by side — premium, benefits, exclusions and claims reputation. We negotiate on your behalf, explain the fine print in plain language, and manage any claim from first notification to final settlement. It's how our clients reach a 97% claims success rate and rarely overpay at renewal.

Frequently asked questions

Why use an insurance bond instead of a bank guarantee?

Bonds usually cost less and don't tie up your bank facilities or cash collateral, keeping your working capital free.

How quickly can a bond be issued?

Often within a day or two once we have the tender or contract documents and the underwriting details.

Who accepts these bonds?

Most government and private procuring entities accept insurer bonds — we confirm the wording your client requires.

Ready for your best quote?

Share a few details and we'll compare insurers and reply within the hour.

Farzana Sumra, Naveah Capital Insurance advisor

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