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How do you get a Performance Guarantee?

3 min read

When applying to get a Performance Guarantee, you’ll have to answer basic questions about your professional work experience and your company’s financial history. If your business has more than one owner, the financial credentials of all owners must be submitted.

 

When you apply to get a performance guarantee, you’ll also be asked to supply the following documents:

  • Your company’s current and previous year’s financials
  • A detailed company profile featuring work already done
  • Latest company bank statements plus statements 3 months prior to application
  • Copies of ID documents of all shareholders
  • Company’s tax clearance certificate
  • Company registration documents
  • Letter of award
  • Proof of company’s physical address
  • Proof of residential address from all shareholders
  • Relevant application forms from us
How do you get a Performance Guarantee?

After you’re happy with and approve the quote to get a performance guarantee, you’ll be required to pay your full premium upfront. Once you’ve paid your premium, we’ll activate your Guarantee and send you all the relevant documents.

The information contained in this article is provided for general information and educational purposes only and does not constitute financial advice as defined in the Financial Advisory and Intermediary Services Act, 37 of 2002 (“FAIS”). Readers should not act solely on the basis of the material contained herein without seeking professional advice from a licensed financial services provider who has considered their specific needs, objectives, and circumstances.

CivilSure, a division of i-Tribe (Pty) Ltd, is an authorised Financial Services Provider (FSP 49912), licensed for Short-Term Insurance.

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