What is an Insurance Backed Guarantee?
An Insurance Backed Guarantee (IBG) is valuable protection for tradespeople and their customers. An Insurance Backed Guarantee boosts consumer confidence, as homeowners know that they are protected in the unlikely event of your company ceasing to trade.
If, due to the liquidation, receivership, administration or winding up of your business due to bankruptcy, state retirement or death of the principal(s), the company no longer exists, faults appearing after they cease to trade may be covered by the Insurance Backed Guarantee.
The Insurance Backed Guarantee is available for a period up to 10 years and is backed by a UK authorised insurer.
Insurance Backed Guarantee
Tradesperson guarantee insurance for the double glazing, construction & home improvement industries
We’ve spent more than 25 years helping our members’ businesses grow. One of the ways we do this is by providing Insurance Backed Guarantees (IBGs).
For many years in the construction and fenestration industries, consumers would look for this guarantee when choosing a tradesman to ensure that their money and their home were protected.
Guarantee insurance was always ‘best practice’, but since June 2014, all tradespeople MUST provide an Insurance Backed Guarantee with every glazing installation.
Without an IBG, a finished project will not be able to be registered under self-assessment schemes.
Tradesman insurance for any trade
The CPA are leading providers of Insurance Backed Guarantees and warranties for the Construction, Fenestration and Home Improvement industries. We’re recognised as a FENSA approved IBG provider. One of only a select number of IBG companies recommended to provide double glazing insurance for installers and glaziers.
We provide tradesmen insurance for the following trades. If you’re not on the list, it’s likely that we can still cover you. Get in contact with the CPA team today to see if we can offer you IBG insurance.
- Window, Door & Conservatory Installers
- Carpenters & Joiners
- Drive & Patio Contractors
- Plumbing & Heating Engineers
- Renewable energy
- Air source and ground source heat pumps
- Bathroom suppliers & installers
- Kitchen suppliers & installers
- Garden buildings
- Garage conversions
- Loft conversions
Stand out from the competition with the CPA – Insurance backed guarantee providers
The Consumer Protection Association helps installers, builders and contractors. We ensure they have all the information and support they need to forge successful business relationships with their customers. We provide insurance and deposit protection schemes for a range of trade industries, including double glazing and fenestration insurance, as well as IBGs for general installers and tradesmen.
With more than 21 years’ providing Insurance Backed Guarantees to trade customers, we know financial protection legislation inside out. Plus, consumers recognise the value of choosing tradesmen validated and vetted by the CPA.
Why choose the CPA?
- 20+ years offering tradesmen insurance cover
- Recognised & trusted consumer protection body
- FCA approved insurance backed guarantees
- Recognised as a leading IBG provider by FENSA
- Campaigners for installer rights
- Added value sales & marketing support
- Personal service and feedback from customers
You MUST apply for your Insurance Backed Guarantee, otherwise, you will not be covered. Once work has been completed ask the CPA member for an Insurance Backed Guarantee form. You must apply for this within 28 days of the contract being completed to your entire satisfaction and once you have paid the CPA member. When we have processed your application, you will be sent an Insurance Certificate. Without this certificate you are not insured, therefore, if you do not receive it within 28 days, contact us.
The Consumer Protection Association will not provide your customers with a personal recommendation as to whether an Insurance Backed Guarantee is suitable for your needs.
The Consumer Protection Association is an appointed representative of CPA Consumer Guard Ltd who are authorised and regulated by the Financial Conduct Authority.