garantiförsäkringar
Garantiförsäkringar, often translated as guarantee insurance or surety bonds, are a type of financial product that provides a guarantee to a third party. They are typically used in business transactions and construction projects to ensure that certain obligations are met.
In essence, a garantiförsäkring involves three parties: the principal (the party that needs to fulfill an obligation),
Common types of garantiförsäkringar include performance bonds, which guarantee the completion of a project according to
Garantiförsäkringar protect the obligee from financial risk associated with a principal's default. For the principal, obtaining