*For claims concerning consequential and financial loss, resulting from defective materials or design fault:
For all guarantee types, a claim for consequential or financial loss arising from defects in Axter materials is included within the guarantee. However the validity of any such claim is subject always to the Terms and Conditions of Axter’s Public/Product Liability and Professional Indemnity Insurance Policies, the detail of which is available on request by emailing [email protected].
For Goldshield and Platinum guarantees, claims for consequential or financial loss arising from design faults are also covered by the guarantee. Again, the validity of any such claim is subject always to the Terms and Conditions of Axter’s Public/Product Liability and Professional Indemnity Insurance Policies the detail of which is available on request by emailing [email protected].
*For claims concerning consequential and financial loss, resulting from defective workmanship:
Our Axter Guarantees do not cover consequential or financial loss arising from defective workmanship of the roofing contractor under any circumstances. This is because Axter’s Public/Product Liability and Professional Indemnity Insurance Policies, the detail of which is available on request by emailing [email protected], do not cover defective workmanship. In the event of such loss being incurred, a claim would need to be made directly to the roofing contractor.
*For claims concerning consequential or financial loss, in the event of insolvency:
In the event of either the roofing contractor or Axter ceasing to trade all Guarantees are null and void, subject to the exception outlined below. The Platinum Guarantee is an insurance backed guarantee where an independent insolvency insurance policy is taken out to protect the beneficiary of the guarantee in the event of a valid claim on the guarantee in circumstances where Axter or the roofing contractor have ceased trading. This independent insurance policy has a limit of indemnity which is specific to each project, namely the installed cost of the roof system (waterproofing and insulation) supplied by Axter Ltd. The cover under this policy does not extend to any financial loss or consequential loss.
* Labour costs of reinstating the waterproofing system in the event of a material or workmanship failure:
With the exception of Platinum Guarantees, if the roofing contractor ceases trading workmanship failure is not guaranteed.