SGI provides guarantee service to both individuals and corporations. Products are mainly classified as surety bonds and credit insurance. By issuing surety bonds and credit insurance policies for a wide variety of business transactions, we aim to create value to the client and support their economic activities.
The company`s main surety bond products are Contract Bonds, which provide guarantees to companies that need credit support or improved financial security in order to enter into a contract. Contract Bonds help them enhance their creditworthiness for due performance of the contract.
We also provide products that guarantee a principal`s fulfillment of legal obligations (such as taxation bonds, court bonds and permit bonds) or that indemnify the employer for an employee`s fraudulent or dishonest actions (fidelity bonds).
The main products for credit insurance is Commercial Credit Insurance, which covers sellers` loss incurred from the buyers` non-payment of account receivables from various types of trade.
As of 2014, SGI provides a total of 72 products composed of 54 surety bonds, 15 credit insurance products and 3 others. By having customer satisfaction at the top of our values, we will continue to provide support with a broad range of products and services tailored to the customers` needs.