Chapter 7
Underwriting Explained
How a surety evaluates capacity, financial strength, experience, indemnity and security before issuing a bond.
Topics in this chapter
Important Notice
SuretyPH is a digital platform for surety bond information, inquiries, and application facilitation. Submission of an inquiry or supporting documents does not constitute approval, binding, or issuance of a surety bond. Any formal application is subject to the requirements, evaluation, underwriting, terms, conditions, and approval of the applicable duly licensed insurance company.
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.