We have all heard of dodgy double-glazing
firms ducking out of their guarantee obligations by
folding the company and starting up again. The modern
remedy is the ‘insurance-backed
guarantee'.
In
a nutshell these work because the insurance
company, not the window installer, takes
responsibility for the guarantee in return
for a one-off payment and so will honour
it in the event the installer ceases to trade.
The guarantee, if you sell your home, is
transferable.
Network VEKA Limited is authorised and regulated by the Financial Services Authority,
the independent regulator set up by the government to look after the financial
services industry and to protect consumers (Firm reference number
310523)