The 10 Year Premium Guarantee
Covers you for:
EITHER
Loss of Deposit
Up to 5% of the Contract Price to a maximum of $25,000, if the permanent work hasn’t started.
OR
Non-completion
Up to 10% of the Contract Price to a maximum of $40,000 if the house or work isn’t finished.
PLUS
Defect in Materials* and Workmanship and Structural Defect
Protection against any defects in workmanship and materials*, or structural elements, for two years after completion of the building.
PLUS
Structural Cover
Cover for defects in specific structural elements of the building work, after expiry of the Materials, Workmanship and Structural cover, for a total cover of ten years from acceptance of the Guarantee.
INCLUDING
Rot and Fungal Decay
Cover for properties where the design, materials and construction achieve a score of 12 or less based on the E2/AS1 Risk Matrix**.
Maximum total aggregate payout for all cover is $500,000 including GST.
* Materials which have a current certificate of accreditation or product certificate issued under the Building Act, or which, in Certified Build Services’ opinion, comply with an appropriate Australian or New Zealand standard.
** The E2AS1 is the Department of Building and Housing’s Acceptable Solution for Building Code clause E2 External Moisture. It incorporates a Risk Matrix which is a design tool that allows designers to analyse the weather tightness risk of a particular building design
The 10 Year Premium Guarantee
The 10 Year Classic Guarantee
Covers you for:
Defect in Materials* and Workmanship and Structural Defect
Protection against any defects in workmanship and materials*, or structural elements, for two years after completion of the building.
PLUS
Structural Cover
Cover for defects in specific structural elements of the building work, after expiry of the Materials, Workmanship and Structural cover, for a total cover of ten years from acceptance of the Guarantee.
INCLUDING
Rot and Fungal Decay
Cover for properties where the design, materials and construction achieve a score of 12 or less based on the E2/AS1 Risk Matrix**.
* Materials which have a current certificate of accreditation or product certificate issued under the Building Act, or which, in Certified Build Services’ opinion, comply with an appropriate Australian or New Zealand standard.
** The E2AS1 is the Department of Building and Housing’s Acceptable Solution for Building Code clause E2 External Moisture. It incorporates a Risk Matrix which is a design tool that allows designers to analyse the weather tightness risk of a particular building design.
Maximum total aggregate payout for all cover is $500,000 including GST.
The 10 Year Classic Guarantee
The 10 Year Standard Guarantee
Covers you for:
Loss of Deposit (Optional)
Up to 5% of the Contract Price to a maximum of $15,000 if the building hasn’t started
OR
Non-completion (Optional)
Up to 10% of the Contract Price to a maximum of $30,000 if the house or work isn’t finished
PLUS
Materials, Workmanship and Structural
You will be protected against any defects in workmanship and materials*, or structural elements, for 2 years after completion of the building underwritten by Certified Build Services.
PLUS
Cover for defects in specific structural elements of the building work, after expiry of the Materials, Workmanship and Structural cover, for a total cover of ten years from acceptance of the Guarantee.
The Maximum total aggregate payment for all cover is $100,000 including GST
Note: The Standard Guarantee contains an option for opting out of the cover for Loss of Deposit and Non-completion
* Materials which have a current certificate of accreditation or product certificate issued under the Building Act, or which, in Certified Build Services’ opinion, comply with an appropriate Australian or New Zealand standard.