I can now offer my clients total peace of mind with TUG insurance backed guarantees
TUG was set up to offer insurance backed guarantees to specialist contractors. Its double security guarantee means that for every contract where a TUG guarantee is issued, a 20 year (10 for below ground waterproofing) insurance policy will also be provided.
TUG back up guarantees are issued for a maximum of 30 years from the date of completion of works. They provide peace of mind to contractors' clients by coming in to force in the event of the contractor ceasing to trade due to bankruptcy or compulsory winding up. If the specialist contractor ceases to trade during the guarantee period, TUG become responsible for the unexpired period.
The TUG guarantee is accepted by relevant authorising bodies such as architects, local authorities, building societies, banks and other specifers. It remains valid irrespective of any change of ownership of the property within the unexpired period of the contractor's own guarantee cover.
If you prefer to apply for guarantees by phone, you can call us on 01322 318848
For further information and advice
call the TUG team on 01322 318848