Our Insurance Backed Guarantee

Our Insurance Backed Guarantee (IBG)

TCM offers a gold standard, Lloyds backed, A+ rated Insurance Backed Guarantee (IBG) underwritten by a specialist syndicate, market leading Lloyds – the World’s premier insurance platform.

Our IBG can be tailored to cover just the area affected or the whole site and is available in 5 or 10 year policies.

Unusually, TCM’s Insurance Backed Guarantee can also be assigned to a person or legal entity that has an interest in the land or property (e.g. a new freeholder, a leaseholder or a lender using the property as security).

There is no excess or fee to pay if you need to make a claim. You will find details of how to make a claim with your policy documents along with details of how to contact the insurer directly. Your personal regional TCM representative will always be available should you have any questions or need any help.

Why do you need an IBG?

An Insurance Backed Guarantee (IBG) ensures the guaranteed obligation is met, even if the treatment company becomes insolvent. This then gives full peace of mind that should remedial works be required, a fully independent fund will be available.

Increasingly Mortgage Lenders, Councils and Developers require a Lloyds backed IBG. Not all IBGs are Lloyds backed, but it is one that gives you the greatest level of security.