Trade & Construction Guarantees

About Trade & Construction Guarantees Insurance

Trade and construction guarantees help connect contractual performance with financial certainty. These insurance-backed instruments protect employers, suppliers and clients against the risks of non-performance, delayed delivery or non-payment. This ensures commitments are met and trust is maintained across the value chain.

Guarantees that support your business

In South Africa, guarantees play an important role in infrastructure, construction and trade environments where contractual obligations, regulatory requirements and cash flow must work together. By supporting compliance while preserving working capital, they enable businesses to operate with greater stability and credibility.

Construction Guarantees

The construction industry requires a broad range of guarantees, the full complement of which our expert guarantee underwriters cater to, including:

• Bid Bonds/Guarantees
• Performance Guarantees
• Advanced Payment Guarantees
• Materials Off-Site and On-Site Guarantees
• Retention/Defects Liability Guarantees
• Supply Guarantees
• Utility Guarantees

Construction Guarantee - Specific Application Form

Complete this form if you would like to apply for a construction-related guarantee and have an existing Guarantee facility with Hollard.

Trade Guarantees

These are guarantees that typically cater for industries such as freight forwarding, clearing and logistics. Such guarantees include:

• Transnet Guarantees (Transnet Freight Rail (TFR), Portnet)
• Customs Guarantees (Deferred Duty & VAT, Bonded Warehouse, Road, Temporary Import, customs rebate, manufacturer of excisable product)
• Commercial Fuel Guarantees to Fuel Majors
• Airline Guarantees

Trade Guarantee - Specific Application Form

Complete this form if you would like to apply for a trade-related guarantee and have an existing Guarantee facility with Hollard.

Some of the major benefits of the insurance-backed guarantee are:

• Provides the employer/supplier comfort against non-performance of contractual obligations and resulting increased costs of completion or non-payment.
• Provides the client with increased cash flow and working capital.
• Protects the client against non-payment of retained funds in the absence of a guarantee, should the employer not be able to make payment.

Guarantee Facility Application Form

Complete this form if you would like to apply for a new Guarantee facility with Hollard. This form must be accompanied by the applicable specific application form.

In business, performance and trust are everything. Hollard collaborates with brokers and businesses to provide trade and construction guarantees that unlock confidence and ensure compliance.