Description: What is an Insurance Backed Guarantee, and how can one help protect your investment?
Although home improvements are one of the most secure kinds of financial investment, there is one risk that is sometimes overlooked:
While a contractor's company guarantee can cover faulty workmanship and materials, it is only valid if the contractor is still in business or is able and willing to honour his guarantee if he is not.
Thousands of businesses close yearly due to bankruptcy, liquidation, or even the owner's death. That's where an Insurance Backed Guarantee (IBG) comes in, it will safeguard your financial investment by mirroring the conditions of your contractor's original guarantee if they cease to trade*.