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Bonds & Surety Insurance in Kenya - Mufasa Insurance
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Bonds & Surety

Bonds & Surety Insurance

Tender bonds, performance bonds, and guarantees, without tying up your cash.

Bonds provide the financial guarantee that tenders, contracts, and customs processes require, tender bonds, performance bonds, advance payment guarantees, and customs bonds, without you having to lock up working capital in a bank guarantee.

Talk to a Private AdvisorHow It Works

Coverage Details

What's Covered

Tender Bonds

Guarantee that you'll honour your bid if awarded a tender.

Performance Bonds

Guarantee to the client that you'll complete a contract as agreed.

Advance Payment Guarantees

Security for clients who pay you a mobilization advance before work begins.

Customs & Excise Bonds

Guarantees required for bonded warehouses and customs duty suspension.

Simple Process

How It Works

1

Tell Us What You're Bidding For

Tender value, contract type, and the bond wording required by the client or authority.

2

Underwriting Assessment

We assess your company's financial standing and track record to price the bond.

3

Bond Issued to Beneficiary

The bond document is issued directly to the tendering authority or client.

Common Questions

Frequently Asked

How is a bond different from a bank guarantee?
A bond doesn't require you to lock up cash collateral the way many bank guarantees do, freeing up your working capital for the project itself.
What size of company can get bonded?
Both established and growing SMEs can access bonds, though larger or first-time applicants may need to provide financial statements or collateral.
How quickly can a tender bond be issued?
For straightforward tenders, bonds can often be issued within a few working days once underwriting is complete.

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