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Insurance Backed Guarantees (IBG)

Insurers will fulfil the contractors written guarantee to their clients where the contractor has ceased to trade and problems occur with the work they did.

Some contractors like to give these to their customers as a unique selling point or added benefit of using them to do the work. The requirement to provide this cover is often included in the tender/contractual requirements and the contractor doesn’t realise until their client withholds payment until suitable evidence is provided. Some residential warranty providers require separate IBGs to be provided by the contractor for aspects like flat roofing works, balconies and basement tanking.

Cover is available for up to 12 years from the date the work finished and can cover almost any kind of new construction works such as:-

  • General building works
  • Refurbishments/conversions
  • Kitchens/bathrooms
  • Concrete repairs
  • Waterproofing
  • Glazing
  • Flooring
  • Roofing
  • Extensions
  • Underpinning
  • Basement construction

If you are looking to source other similar covers please complete the Information Request Box below providing as much information as you can supply together with your full contact details.

Our aim is to make transacting business easy. With our tailored online quote and instruct software allowing seamless policy issue.