The MasterBond Warranty is an insurance-backed guarantee that offers a safeguard should your builder cease trading.
There are four levels of cover which provide consumers with a choice both in length of protection and in cost.
These are as follows:
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MasterBond Northern Ireland
MasterBond NI has been specially developed to accord with the requirements of the Northern Ireland Housing Executive who operate the grant aid scheme in the province. The cover is for a total of two and a half years which incorporates a six month ‘all risks’ element and a two year period of structural protection.
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MasterBond 2
MasterBond 2 is a two year insurance cover which incorporates a six month ‘all risks’ element and an eighteen month period of structural protection.
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MasterBond 6
MasterBond 6 is six year insurance cover which incorporates a two year ‘all risks’ element and a four year period of structural protection.
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MasterBond 10
MasterBond 10 is a ten year insurance cover which incorporates a two year ‘all risks’ element and an eight year period of structural protection.