Insurance Company: IGI Insurance Company Limited and Red Sands Insurance Company (Europe) Limited.

Administrator: Glass & Glazing Federation (GGF)

Installation Company: Entity to whom a Deposit has been given and from whom a VAT receipt for such Deposit has been received in writing.

Insured Cause: Claims emanating from defective workmanship or materials in the Insured Works and/or the Installation Company?s failure to comply with Building Regulations (as defined) where the original installer has Ceased to Trade.

Limit of Indemnity: in respect of where a Deposit is taken: up to 25% of the total cost of the Installation or £6,250 whichever is the lesser.

Policy Period: Subject to the completion of the Customer Return Slip, 90 days from the date of receipt of the Deposit Cover Customer Return Slip (to be returned within 7 days of paying the Deposit) or until work is completed whichever is the sooner.

Exclusions:

1. any loss of use or Consequential Loss of any nature,

2. any damage caused by war risks, sonic booms or nuclear radiations,

3. breakage of glass for any reason,

4. any remedial work undertaken without the consent of The Insurance Company.

5. any loss which is recoverable under any other insurance policy or any other source whatsoever.

Definitions

"Ceased to Trade" means Ceased to Trade due to Liquidation, Receivership, Administration or the winding up of a business due to the Bankruptcy or Death of the Principal(s).

"Administration, Bankruptcy, Liquidation, Receivership" means as defined by the laws applicable to England and Wales.

"Deposit" means a percentage of the Installation price paid over to the Installing Company prior to any work commencing.

"Building Regulations" means the UK Building Regulations applicable at the time of the Installation.

"Consequential Loss" means any indirect, special or consequential damages or losses suffered or incurred by The Insured and for the purposes of this insurance indirect, special or consequential damages or losses shall include, but not limited to: damages to or losses of data, furniture or equipment; economic loss or damage; damage to or loss of profits, interest, business revenue, anticipated savings, business or goodwill; any losses costs or expenses which are not directly incurred by The Insured wholly in respect of or which are additional to the remedial work for which indemnity is provided by this insurance; the costs and expenses of any redecoration, repainting or retiling work; the costs and expenses of removing and/or replacing any cupboards, carpets or other furniture, or any other fixtures or fittings; the incurring of liability for losses or damages of any nature whatsoever suffered by third parties (including in each case incidental and/or punitive damages), even if the The Insurance Company is advised in advance of the possibility of any such losses and/or damages.