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What Is A Contractor Guarantee?
If you’re an independent contractor, offering a high quality contractor
guarantee should form an integral part of your business.
WHAT IS A CONTRACTOR GUARANTEE?
A contractor guarantee is a term used to describe an Insurance
Backed Guarantee: the guarantee that all UK independent
contractors must offer by law to customers when carrying out an
installation or project.
An Insurance Backed Guarantee is designed to protect you and
your customers in the unlikely event of your company ceasing
to trade. Available for a period of up to 10 years, and backed by
a UK authorised insurer, an Insurance Backed Guarantee raises
consumer confidence as homeowners will know that they are
protected should your business go bust.
If, because of liquidation, receivership, administration or
winding up of your business due to bankruptcy, state retirement
or death, the company no longer exists, faults appearing after
they cease to trade may be covered by the Insurance Backed
Guarantee.
As of June 2014, all UK tradespeople must offer an Insurance
Backed Guarantee with any installation they carry out. This
means that finding the right guarantee that can protect you
and your customers, whilst enhancing your reputation, is more
important than ever.
REASONS IT MAKES SENSE TO OFFER A HIGH
QUALITY INSURANCE BACKED GUARANTEE
The CPA is one of the most experienced companies when it
comes to offering high quality Insurance Backed Guarantees.
With a history of safeguarding the rights of the consumer and
tradesperson, choosing an Insurance Backed Guarantee from The
CPA can give you and your customers extra peace of mind when
it comes to installations.
1. LEGAL PROTECTION YOU CAN TRUST
By offering a contractor guarantee from The CPA, you and
your customers can benefit from extra peace of mind about your
legal protection in the unlikely event of something going wrong
during, or after the installation. All of the contractor guarantees
that we offer are provided by a UK authorised insurer so that
you can be sure of receiving high quality legal protection should
anything unforeseen happen.
2. PEACE OF MIND
With a contractor guarantee from The CPA, you can rest safe
in the knowledge that you’ll be complying with the law. Created
by legal experts, our Insurance Backed Guarantees go above and
beyond what’s required by law, so that you can deliver the best
service possible to your customers.
‘Offering an IBG from a respected
company like The CPA is a great
way to make your company more
attractive to customers’
3. A BETTER REPUTATION
The CPA can help to improve the reputation of your
own business. With an established reputation for offering
comprehensive Insurance Backed Guarantees, The CPA has been
providing contractor guarantees for over a decade. Offering an
IBG from a respected company like The CPA is a great way to
make your company more attractive to customers.
Source: www.thecpa.co.uk
locksmithjournal.co.uk | SEP/OCT 2015
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