Business cover

Your tenders

Tender and performance guarantees required by procurement. Companies bidding on public and private tenders.

Bid Bond Recourse

Bid Bond Recourse

Guarantees that keep you in the bidding.

Bid bond recourse provides the guarantees procurement processes demand, issued quickly so you never miss a submission deadline.

Best for: Companies bidding on public and private tenders.

Benefits of Bid Bond Recourse

  • Bid, performance and advance payment guarantees issued for public and private tenders.
  • Fast turnaround aligned to tender submission deadlines.
  • Structured against your company's track record, not just collateral.

Bid Bond Recourse

What's in, and what isn't.

We put the exclusions on the same page as the benefits. It's the only honest way to compare cover.

What's covered

  • Cover confirmed the moment payment clears
  • Claim preparation costs included at no charge
  • Toll-free claims support on 1320, around the clock
  • Renewal reminders by SMS before the policy lapses

What isn't

  • Deliberate damage or fraudulent declarations
  • Driving or operating without a valid licence or permit
  • Wear, tear and mechanical breakdown over time
  • Losses declared after the policy period ends

If something happens

Declare it, and we move.

Easy motor claims under RWF 500,000 are settled within one hour of a complete declaration. Partial and total loss within two working days of assessment.

See the claim steps

Often taken together