Inquiries and applications submitted through SuretyPH are endorsed to the relevant duly licensed insurance company. Approval is subject to verification of submitted information, eligibility requirements, and the underwriting guidelines of that insurance company.

Tools

Bond Amount Calculator

Bond Amount = Contract Amount × Bond Percentage. Use this to size your requirement before applying.

Bond type

Contract amount (PHP)

Bond percentage (%)

Estimated bond amount

₱1,500,000.00

₱5,000,000.00 × 30%

The premium payable is a separate amount computed by the issuing insurance company based on its approved rates, the bond amount, validity period, and its assessment of the risk.

SuretyPH is a digital platform for surety bond information, inquiries, requirements and request tracking. It does not underwrite, approve, bind, issue, or guarantee any insurance policy or surety bond. Evaluation, underwriting, approval, pricing and issuance are undertaken by the applicable licensed insurance company.