Suretyship insurance

Suretyship insurance

Suretyship for the fulfilment of contractual obligations

Suretyship for compliance with customs obligations

Suretyship for the fulfilment of the obligations
of a tour operator

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Frequently asked questions

With suretyship insurance, we insure the company's obligations to customers against various risks:

  • By the insurance contract for suretyship for the fulfilment of contractual obligations, we insure the client's obligation to fulfil the terms and conditions of the tender procedure announced by the customer or the concluded contract.
  • When concluding a customs obligations suretyship insurance contract, we insure the client's obligations to pay the duties calculated by the customs and deferred by the customs for the imported goods or to perform other customs procedures or actions authorized by the customs.
  • The tour operator's suretyship insurance contract insures the tour operator's obligations to tourists with whom tour contracts have been concluded.

We are the leader of the insurance market in the Baltic States, therefore BTA's client can be a business company registered in Lithuania, Latvia or Estonia.

BTA may guarantee for its customer who has a commercial interest, participates in tender procedure or concludes contracts for the performance of works, provision of services, supply of goods or customs procedures in other countries as well.

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Insured risks

We indemnify in BTA traffic damage caused by the party who has taken out motor insurance and the cost of medical treatment for third parties (owners of other vehicles, cyclists, pedestrians) and damage to property of third parties.

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