INSURANCE SOLUTIONS THAT WE CAN OFFER OUR CLIENTS.

GUARANTEES

There is an increasing need for guarantees in today's business environment necessitating innovative and flexible alternatives as opposed to more traditional forms of surety such as cash and bank guarantees.


Leger is a leading insurance guarantee intermediary representing several JSE listed (and foreign bourse) clients.


​We offer the following guarantees:

Mining Rehabilitation

​On May 3, 2004 the Minerals and Petroleum Resources Development Act (MRDPA) was implemented. It is a requirement in the act to inter alia rehabilitate the land concerned in any mining operation. ​Léger work closely with each client to analyse the specific nature of the mine’s rehabilitation requirement as per Department of Minerals and Energy (DME) guidelines.

Utility (ESKOM, Transnet)

​Guarantees to replace cash deposits for electricity connections or users which require credit guarantees for their monthly consumption.


Fuel Industry

​Wholesale buyers as well as end users of all fuel, lubricants and related products can now obtain welcome relief through guarantees as an alternative to cash deposits.

Custom

​Wholesale buyers as well as end users of all fuel, lubricants and related products can now obtain welcome relief through guarantees as an alternative to cash deposits.


Performance Guarantee

A construction guarantee puts the Guarantor in the position of co-principal debtor with the contractor. The approval of such a guarantee on its own is a testimony of the contractors ability to perform successfully in terms of the relevant contract.

NHBRC (HBGTM)
​Late Enrolment Guarantees

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We represent a number of insurance companies that allow us to design the program that specifically meets your needs. Some of the leading insurance companies we represent are: