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MasterBond Elipse

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What is a MasterBond Warranty?

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:
 

  • 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.
     

  • 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.
     

  • 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.
     

  • 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.

MasterBond Structural Defects Insurance Policy
MasterBond Structural Defects Insurance Policy - [82 KB] Problems with work carried out by MasterBond Builders are rare but if you should need this insurance it is important that you understand what is, and what is not covered. You will need to read the policy, the definitions and conditions carefully for the full details of cover.
MasterBond (Northern Ireland) Structural Defects Insurance Policy
MasterBond (Northern Ireland) Structural Defects Insurance Policy - [76 KB] This policy is an agreement between you, the Builder, and Us (Zurich Insurance Company), entered into by the Builder on your behalf. It is based on the details provided to Us by the Builder and by you. If any of those details change you must let Us know, otherwise it may invalidate the insurance.
MasterBond warranty logo

4 Brooklands Avenue

Cambridge

CB2 8BB

 

T: 01223 508 407

F: 01223 300 848

-How Much is a MasterBond Warranty?
MasterBond NIMasterBond 2MasterBond 6MasterBond 10
Percentage0.9%1.0%1.65%2.2%
Minimum PremiumNone£75.00£150.00£220.00
Examples
Contract Value (Inc. VAT)£20,000£20,000£20,000£20,000
Premium£180.00£200.00£330.00£440.00
Insurance Premium Tax 5%£9.00£10.00£16.50£22.00
Total Premium payable£189.00£210.00£346.50£462.00

 

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