
The industry is full of examples of home owners who buy their dream home from a builder or developer and then discover defects in the home only after they have taken possession. CBL is able to offer these buyers a Builders Warranty which provides peace of mind when purchasing a new home.
The cover indemnifies the homeowner against non-completion by the builder, and once completed, provides protection against the costs of any repairs (if these defects are not remedied by the builder) for an agreed policy period of up to 6 years.
These policies are currently offered by CBL in Australia, New Zealand and through its international networks in Europe and the Americas and include both structural cover and smaller defects.