Deposit Protection and Insured Guarantee scheme


For extra peace of mind, we provide our clients with a combined Deposit Protection and Insured Guarantee scheme. This scheme is administrated by Independent Warranty Association (IWA), a specialist niche insurance broker. IWA is one of the founder members of the GIA and has close links to CERTASS, the self certification body for building regulations. The policy is underwritten by Elite Insurance Company Limited, a specialist in the field of guarantee protection insurance. Both IWA and Elite Insurance Company Limited are authorised and regulated by the Financial Services Authority (FSA) in relation to non-investment activities. The ten year policy is issued free of charge.

When your deposit payment clears in our bank account you will be issued with a Deposit Protection and Insured Guarantee Application Form. This document will protect your deposit, prior to the commencement of the contract / works up to 25% of the contract value (maximum contract value £50,000), subject to the terms and conditions of the Certificate.

See Certificate Sample (PDF).

Our membership number valid from the 14th June 2005 is SIH 06.05, if you would like more information about this policy please contact:

Independent Warranty Association
20 Billing Road,

Tel: (01604) 604511
Fax: (01604) 604512