Insurance Backed Guarantee

Insurance Backed Guarantees You Can Rely On!

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Why choose Peacock for your Insurance Backed Guarantees?

We Can Cover ALL Work Types

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Did you know?

  • Customers are more likely to appoint a contractor who provide an Insurance Backed Guarantee for their works

  • A Latent Defect Insurer may require Insurance Backed Guarantees are put in place by contractors performing work

  • Contractors may be contractually required to provide an Insurance Backed Guarantee by a developer

  • Lenders or Funders may insist a developer have Insurance Backed Guarantees provided by their contractors

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 however would honour the contractors guarantee for the remainder the guarantee was valid until.

Benefits of an Insurance Backed Gurantee

  • 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

  • Cladding

  • External Wall installation

  • General building works (Excluding Structural works)

  • Glazing

  • Groundworks (Underpinning / Piling / Drainage)

  • Renewables

  • Roofing

  • Structural Waterproofing / Basement

  • Structural Works (Subsidence remediation)

  • Timber & Damp works

Plus many more.

If you need to talk to one of our experts directly please call our Sales Hotline on 02476 437 626 or complete the quotation form.

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