Voluntary
Insurance
for Advance
Payments
SEVCA®
FEATURES
INNOVATIVE PRODUCT FOR THE REAL ESTATE SECTOR
3-YEAR MAXIMUM DURATION WITH ANNUAL RENEWAL
GLOBAL PROTECTION: CONTINUITY THOUGH BOND INSURANCE
RISK COVERAGE
It guarantees the anticipated amounts handed in by the buyers to the promoters/developers, cooperatives and property communities prior to the obtention of the building license.
WHO IS IT FOR?
Natural and legal persons that promote housing construction and obtain payments from the buyers prior to the building license:
- Promoters/Developers
- Housing cooperatives
- Property communities
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