INSURANCE BACKED GUARANTEE
 
 

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'.
   
 

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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)

http://www.fsa.gov.uk