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MasterBond Elipse




How much is a MasterBond Warranty?

Your warranty premium is based upon the total contract price of your development (inclusive of VAT). Premiums range from just 1% up to 2.2% of the contract price dependant of which level of cover you decide on.

Having trouble working out the premium? See the below table for examples or download our premium calculator  and let it work out the sums for you! Remember that minimum premiums apply to the products.


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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MasterBond Premium Calculator
MasterBond Premium Calculator - [28 KB] Simply enter the contract value for the chosen product and let the calculator work out the premium payable for you!
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