S
Somecamel
Just had QANW on the phone telling me that I have to 'delete' Clause 9 of my Guarantee as I some of the stuff in it their underwriters don't like.
My Guarantee is based on the model documents from REAL.
Just spoken to them and they don't really know what to advise lol
Anyone else had anything like this?
9. Insurance Backed Warranty
[MEMBERS SHOULD USE THE FOLLOWING CLAUSE
ONLY IF THEY REGISTER CONTRACTS WITH THE
REAL CONSUMER DEPOSIT AND WORKMANSHIP
WARRANTY INSURANCE SCHEME. IF A MEMBER
HAS ALTERNATIVE ARRANGEMENTS IN PLACE TO
PROTECT THE GUARANTEE IN THE EVENT OF
COMPANY FAILURE, THESE ARRANGEMENTS
SHOULD BE EXPLAINED HERE]
9.1. As soon as it is issued, [INSERT COMPANY
NAME HERE] will register your contract
under the REAL Deposit and Workmanship
Warranty Insurance Scheme. The
insurance provider will insure this
workmanship guarantee and send you the
policy documents directly. In the event
that [INSERT COMPANY NAME] falls into
receivership, administration, or bankruptcy
during the term of the guarantee the
insurance policy will ensure that the
guarantee will be honoured for the same
period as described in 1.2 above.
9.2. In the event that a claim is necessary the
policy holder should contact the policy
provider directly either by post at Quality
Assurance National Warranties, 37 Carrick
Street, Ayr, KA7 1NS, or by telephone 01292
268020.For more information about the
Insurance Backed Warranty see here:
https://real.qanw.co.uk/general-faqs.php
My Guarantee is based on the model documents from REAL.
Just spoken to them and they don't really know what to advise lol
Anyone else had anything like this?
9. Insurance Backed Warranty
[MEMBERS SHOULD USE THE FOLLOWING CLAUSE
ONLY IF THEY REGISTER CONTRACTS WITH THE
REAL CONSUMER DEPOSIT AND WORKMANSHIP
WARRANTY INSURANCE SCHEME. IF A MEMBER
HAS ALTERNATIVE ARRANGEMENTS IN PLACE TO
PROTECT THE GUARANTEE IN THE EVENT OF
COMPANY FAILURE, THESE ARRANGEMENTS
SHOULD BE EXPLAINED HERE]
9.1. As soon as it is issued, [INSERT COMPANY
NAME HERE] will register your contract
under the REAL Deposit and Workmanship
Warranty Insurance Scheme. The
insurance provider will insure this
workmanship guarantee and send you the
policy documents directly. In the event
that [INSERT COMPANY NAME] falls into
receivership, administration, or bankruptcy
during the term of the guarantee the
insurance policy will ensure that the
guarantee will be honoured for the same
period as described in 1.2 above.
9.2. In the event that a claim is necessary the
policy holder should contact the policy
provider directly either by post at Quality
Assurance National Warranties, 37 Carrick
Street, Ayr, KA7 1NS, or by telephone 01292
268020.For more information about the
Insurance Backed Warranty see here:
https://real.qanw.co.uk/general-faqs.php
