Compariqo have made getting an IBG even easier by introducing their new instant online pricing system
The process of obtaining an Insurance Backed Guarantee for your project can often be tedious and time-consuming.
But now with Compariqo’s new instant online pricing system, you can get an indicative premium for an IBG on your project within a matter of minutes.
All you need to do is head to Insurance Backed Guarantees, fill in a few simple details about your project (address, build stage, start/end dates, type of work and contract value) and Compariqo will send you a direct premium indication to your inbox within a matter of seconds!
Not only that, but with Compariqo, you can give peace of mind to your lenders or clients that your work is covered, with a length of contract that suits you.
For more information, head to our Insurance Backed Guarantees page >
More on Insurance Backed Guarantees
An Insurance Backed Guarantee (IBG) is a type of financial guarantee that provides assurance to customers or clients that they will be compensated if a product or service fails to meet certain specified criteria or if the supplier fails to fulfill their contractual obligations.
An IBG is essentially a form of insurance that protects the customer or client against financial losses resulting from defects, non-performance, or other failures.
In an Insurance Backed Guarantee, an insurance company acts as a guarantor for the supplier or service provider. The insurance company issues a guarantee certificate to the customer or client, which outlines the terms and conditions of the guarantee and If the supplier fails to meet their obligations or if the product or service is defective, the customer can make a claim to the insurance company for compensation.
What is an Insurance Backed Guarantee?
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Get your instant price for an IBG right now!