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Types of Surety Policies
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Link Results to 31.12.2010 - Continental once again leads the market in Credit Insurance and Guarantees
31/03/2011

Continental earned at December 31, 2010 a profit of US$ 6,882,272 product of a growth of 16% in sales, maintaining the ...
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Types of Surety Policies
Subject to adjusters (POL 1 91 034)

This type of policy is subject to the intervention of an adjuster at the time of a loss, which will quantify it and determine the indemnity amount. The adjuster has a period of 90 days within which he must present the adjustment report, and the indemnity is payable after 30 days of its presentation.


Subject to Immediate Execution (POL 1 91 035)

The entity which determines the amount of indemnity in this type of policy is the Insured and it is paid upon their request without intervention of an adjuster within 30 days, this is similarly to a bank guarantee.
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