All of our work is guaranteed from 10 to 20 years and our Company guarantees are free. If you would like an Insurance backed guarantee we use the GPI.
Guarantee Protection Insurance Ltd (GPI) is a UK based general insurer, which is authorised & regulated by the Financial Services Authority. With over 25 years' experience GPI is a long term player in the UK Insurance Market, who are based in Lime Street in the heart of London's insurance district.
GPI specialise in the provision of insurance backed guarantees, which is an insurance product specifically designed to protect consumers who find themselves in a situation such as that detailed above.
If a defect covered by the contractor's original written guarantee develops and the original company has ceased to trade, a GPI insurance policy will pay for another contractor to remedy the works. In simple terms GPI insures your guarantee.
The GPI insurance policy provides insurance cover which relates to the property rather than the owner which means if you sell your property the guarantee can be passed to the new owners subject to certain conditions.
GPI can offer insurance for guarantees issued on wood-boring beetle, wood rot, rising damp, replacement wall ties and structural waterproofing.
Structural waterproofing is normally covered for a maximum of 10 years. However, GPI are now able to offer insurance policies for a period of 20 years, where works have been carried out by members of the PCA waterproofing group.
Should you find yourself in the position of having to make a claim, you will be assisted by sympathetic and knowledgeable staff, which are trained to help you through an often stressful situation.
For more information visit www.gp-insurance.co.uk
