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Aviva Surety

Inspire confidence with a guarantee provided by Aviva Surety, one of Canada’s most trusted surety advisors. 

You can build out your competitive advantage, protect your business and protect the interests of third parties with our innovative solutions.

With over 100 years of experience guaranteeing surety commitments, we offer a complete range of surety products including:

  • contract surety bonds for construction, manufacturing and other industries
  • commercial surety bonds for individuals, businesses and organizations
  • developer surety for Tarion bonds, home warranty and deposit insurance for the residential construction industry

Guarantee your contractual obligation to a project owner - from tender to completion - with Aviva’s contract surety bonds, used primarily in the construction and manufacturing industries.
 
Click here for a list of contract surety bonds available.

If you’re a project owner

The decision to financially secure your construction project may be the most important one you make. 

If your goal is the successful completion of a project, your solution is a surety bond, the best tool to immediately reduce your organization’s construction risk by guaranteeing a contractor will get the job done.

Aviva Surety has in-depth knowledge of what makes contractors successful. 

We carefully evaluate the overall quality of our client’s business, and assess how each contractor uses its resources, skills and experience to be competitive in today’s contruction market. 

When we’re confident that our client is capable of performing a project successfully, then we’ll issue an Aviva Surety bond.

Reduce the risk of experiencing project performance problems. 

Contact us today and find out how surety bonds can benefit your construction project.

If you’re a contractor

Today’s construction environment changes constantly. 

As a contractor, you need innovative solutions to address the challenges and risks you face every day. 

That’s why you need a surety partner who understands your unique situation and has the experience to help you manage the risks - allowing you to focus on running your business.

Ask your broker how Aviva Surety can give you a competitive advantage in the marketplace.

 

Agreement to bond
Contractors may need an Agreement to Bond letter to advise the project owner that the surety will provide any required final bonds if the bidder wins the contract.
 

Bid bond
Bid bonds provide financial protection to an owner if a bidder is awarded a contract but fails to enter into it.
 

Performance bonds
Contractors need performance bonds to guarantee that they will carry out a contract according to all of its terms and conditions.
 

Labour & Material bond
Labour and material bonds (or “payment bonds”), assure the owner that all parties engaged to help complete the contract will be paid.
 
 

Tarion bonds, home warranty and deposit insurance products are available for the residential construction industry. 

Contact us to find out how developer surety products can benefit your residential construction project.
 

Our experienced surety specialists provide exceptional customer service and offer unique solutions to help you guarantee your commercial surety commitments. 

From administering an estate to the running of an importing/exporting business, our commercial surety bonds guarantee that as an individual, business or organization, you’ll meet the legal obligations required by government bodies, contract terms and conditions, or other agreements and conditions.

Contact us to learn more.

Click here for a list of commercial surety bonds available.

License & Permit bonds
Governments at all levels often require license and permit bonds for businesses and activities that involve some risk to the public. They help qualify a business to engage in a particular operation.
 

License and permit bonds protect the public against an incompetent or fraudulent business. And, they provide a source of funds to compensate individuals if certain actions of the business cause a loss to them.
 

Businesses that might require this type of bond include:
- contracting businesses
- livestock dealers
- collection agencies
 

Customs & Excise bonds
Customs and excise bonds ensure that businesses comply with all federal and provincial duty and tax acts, and with other legal requirements associated with their business. They most commonly go into force if the business becomes unable to make government payments.
 

Businesses require these bonds if they create or sell goods, including:
- importing
- exporting
- manufacturing
- sales
- distribution
 

Lost Document bonds
Financial institutions are often asked to replace investments, such as stock certificates, that are lost or destroyed.
 

Before issuing a replacement, financial institutions want to be protected should both the original and replacement still exist, in order to avoid the possibility of the both being cashed, either accidentally or fraudulently.

Lost document bonds provide the security a financial institution requires against this rare but possible occurrence.
 

Fiduciary bonds
Fiduciary is the legal term for a person placed in charge of administering the assets and liabilities of another person. A business client may have a personal need for a fiduciary bond if they are acting as one of the following:
 

- administrator
- executor
- guardian
 

A fiduciary bond ensures that the “fiduciary” faithfully performs his or her duties according to a relevant law, court order requirements, or a will.