Our Guarantee

Clients who meet certain credit criteria can purchase corporate Financial Guarantee Bonds and Performance Bonds from private companies such as Simon So Insurance Service Ltd. The Financial Guarantee Bond guarantees the payment of principal and interest on a loan, and the Performance Bond protects the value of a product for an export contract or a buy/sell commodity trade, if the client defaults. Simon So Insurance Service Ltd. issue guarantee bonds and act as Guarantor for our clients´ transactions.

Financial Guarantee Bonds and Performance Bonds are issued by Simon So Insurance Service Ltd., with the confidence of 150 years of insurance and banking history to call upon from our network of top world bank connections and insurers, and the help and inspiration of a board of directors with over 40 years’ experience in banking and commerce. Simon So Insurance Service Ltd. offers unique Financial Guarantee Bonds and Performance Bonds to suit every contingency.

Financial Guarantee Bond

Investors often raise capital for property purchases or project finance in the form of bank borrowing, but in times of global economic downturn and with the banks being more cautious about their lending, very often investors arrange a financial guarantee to help them achieve their goals. The financial guarantee company, in this case Simon So Insurance Service Ltd., acts as “Guarantor” for the loan, which gives the lenders 100% security, enabling them to grant the loan, even in difficult times.

Part of an International Group of some 20 companies with interests including Mineral Mining, Oil & Gas, Real Estate, Golf & Leisure, Internet Technology, Fashion and Cosmetics, Property Finance, Insurance and Family Protection, Simon So Insurance Service Ltd. provides financial guarantees worldwide, acting as Guarantors for our satisfied clients and financial institutions.

Simon So Insurance Service Ltd. Financial Guarantee Bonds and Performance Bonds are supported by net corporate assets with a value of not less than $182,759,839,105 US (One Hundred Eighty Two Billion Seven Hundred Fifty Nine Million Eight Hundred Thirty Nine Thousand One Hundred and Five United States Dollars) and a collective global asset worth of more than $1.3 Trillion US Dollars.

​​We believe that our corporate bonds if rated by the major credit agencies, Standard& Poor | Moody | Fitch | A.M. Best | could be considered to rank minimum “A”. Starting at €5 Million Euros and for any amount up to €5 Billion Euros, we offer Financial Guarantee Bonds to support bank financing and credit lines, and Performance Bonds to assist clients to complete export contracts and/or buy/sell commodity trading transactions with ease.

The complete security a Financial Guarantee Bond or Performance Bond offers to lenders and investors, gives protection for 100% of all loan investment capital and 100% of all interest, attracting many more kinds of property investors or those seeking project financing, (private individuals and institutions), who could then obtain the funding they want, because lenders and other institutions consider clients to be a very safe investment with guaranteed repayments.

How Guarantee Bonds are Acquired

Guarantee Bonds are purchased through a one-time payment to a bond issuer for a Financial Guarantee Bond, (normally issued to guarantee bank financing), or a Performance Bond, (normally issued to provide collateral for buy/sell commodity trading). Not all clients qualify for our guarantees. The process of issuing a Simon So Insurance Service Ltd. bond begins with the client submitting documentation for review. (See Procedure for Bond Issue).

If the client qualifies for our guarantee, the Financial Guarantee Bond or Performance Bond may be purchased directly from Simon So Insurance Service Ltd.