IBGs - A Consumer Explanation

• Browse By Section
• Videos
• IBGs - A Consumer Explanation

QANW is one of the largest providers of insurance backed guarantees. This video is intended to show homeowners the benefits of such policies. 

Quality Assured National Warranties understands how important it is to protect home improvement investments, and thus places consumer protection at the heart of everything it does.

For over 15 years, the company, part of the massive Kinnell Corporate Group which includes insurance firms along with Certass and Certass Trade Association, has been providing homeowners with vital consumer protection in the form of those insurance backed guarantees and deposit protection insurance.

QANW provides cover for anything from a small porch to large commercial projects.

Regulated

QANW has issued more than 2.5 million policies - making them one of the largest insurance backed guarantee providers in the UK. Both QANW and their insurer are based and regulated in the UK meaning that customers benefit from local expertise, regulation and recourse.

Cover

An insurance backed guarantee protects the homeowner in the worst-case scenario should the original installing contractor cease to trade and a defect with the installation appears after.

When an insurance backed guarantee comes into effect, the homeowner can claim against the policy to rectify the faults, often saving thousands of pounds.

The insurance backed guarantee policy received by the homeowner will detail what is covered by the policy and the duration of the cover which can be up to 10 years.

Picture: An insurance backed guarantee protects the homeowner should an installer cease to trade.

www.qanw.co.uk

Article written by Cathryn Ellis
21st August 2020

Share

Related Articles