Cuadrado amarillo

Guarantee for new construction works

Construction guarantees for housing development. 


Guarantee insurance
for businesses

Companies who develop housing must provide guarantees to their buyers in order to begin selling the property.

The surety insurance or bank guarantee is compulsory by law for any individual or legal entity that carries out housing development.

The surety insurance guarantees the amounts paid on account by the home buyers in the event that the development is not completed or does not meet the planned construction deadlines.

The legislation on compulsory insurance is the Ley de Ordenación de la Edificación (L.O.E.) of 5 November 1999 and concordant provisions.

Obra nueva

Ten-year damage insurance

The L.O.E. establishes the personal and individualised demand for civil liability of the different agents for material damage to the building, but does not specify the requirement for insurance to cover this liability.

The ten-year damage insurance covers this space, the promoter takes out this insurance and guarantees the protection of the user for material damage to the building.


Advantages of
Surety Insurance

Policies over
5 years

We study surety insurance policies with a duration of more than 5 years.

Increased ability to
participate in auctions

This allows you to increase your capacity to participate in more public tenders simultaneously.

No blocking/pledging
of bank balances

Avoid the blocking or pledging of balances in your bank accounts to improve your cash flow.

Does not consume CIRBE

Surety insurance does not consume bank credit limit, it is not a major bank risk which means higher eligibility for bank products (loans, credit accounts, etc.)

More efficient

Rapid evaluation of the application for the issuance of the surety insurance policy, faster in its study and issuance than the bank guarantee.

Plafond System

Pre-approved line of surety insurance that allows you to get your guarantee quickly when you need it.

Types of Surety Insurance


Consult the different Surety Insurances that we have available