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What is an Insurance Backed Guarantee

An Insurance Backed Guarantee (IBG) is a guarantee given by a contractor to provide peace of mind in case the contractor has ceased trading.

Contractors can offer guarantees for up to 25 years, but if the contractor was to close down then their guarantee would be worthless. An Insurance Backed Guarantee would honour the contractors guarantee for the remainder the guarantee was valid until.

Benefits of Insurance Backed Guarantee:

Protection throughout the guarantee period
Almost any kind of work can be covered
Cover can be provided for up to 25 years

Some of the work that can be covered:

Home refurbishment
Kitchens
Bathrooms
Flooring
Roofing
Loft Conversions

And many more.

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