GGF increases deposit protection to consumers

The Glass and Glazing Federation (GGF) is pleased to announce that it has recently increased the amount of deposit cover to Members’ domestic customers.

The improved deposit and stage payment consumer protection through the GGF's deposit indemnity scheme (via GGF Fund Ltd), at up to 50% of the contract value or £12,500, is a valuable sales tool for GGF Members when dealing with their prospective customers.In addition, since the introduction of mandatory Insurance Backed Guarantees (IBGs) for replacement windows and doors in June 2014, the Federation has been pleased to see an increase in new Members joining the GGF, to take advantage of Member discounts on IBGs through GGFi, the Federation's insurance brokers.For example, the Member discounted rate on an IBG for a window contract up to £25,000 through GGFi is just £10.60.Add this to the deposit protection cost which equates to just 0.2% of the deposits taken, then it’s easy to see how considerable savings can be made on the total cost of IBGs.

Brian Smith, GGF Home Improvement Director, said; “With this new way of saving money added to all the other GGF Membership benefits, joining the Federation for many companies is now a ‘no-brainer’, especially when the annual subscription fees start at just £315.”

If you are interested in joining GGF and further details, please email, or fill in the “Join the GGF” online form on and the GGF Membership team will be in touch with more details.

If you have a comment to make or any information relating to this article please contact the GGF.

600450 GGF increases deposit protection to consumers
Date: 18 February 2015
Source: Glass and Glazing Federation (GGF)

See more news about:

See more from these topics:

Others also read

We invite you to take part in the fifth international specialized exhibition glasspex 2017 and the premiere exhibition glasspro 2017.
NGA and GANA are pleased to announce a new collaboration that brings the GANA Fall Conference to GlassBuild America 2017.
The CTBUH has announced the Top Company Rankings for numerous disciplines as derived from the list of projects appearing in the book "100 of the World’s Tallest Buildings"
Waste heat recovery (WHR) technologies have huge potential to help glass manufacturers mitigate against fluctuating energy costs, comply with legislation and improve environmental performance.
The VEKA UK Group is celebrating the resounding success of its new website, a little over a year since it first went ‘live’.
This acquisition aligns perfectly with Polyframe’s stated strategic goal to be the market leading trade fabricator of high quality window and doors.

Add new comment