Earlier this year news that Alpha Insurance had declared bankruptcy rocked Britain as policy holders found themselves uncertain whether their homes were still covered.
As reported in Build It, Alpha offered insurance policies across the board through various UK brokers, including services to self builders who had taken out structural warranties for their homes.
Read More: Alpha Insurance Liquidation and Structural Warranties – Is your Home still Covered?
Alpha Insurance collapse
In May, UK regulator the Financial Conduct Authority (FCA) had urged Alpha policyholders to liaise with their brokers to find alternative insurance products.
But according to documents seen by Build It, the Danish Guarantee Fund (DGF) could be working on securing alternative cover for self builders who took out the Alpha Home Warranty Policy with UK structural defects insurance provider CRL.
The post Self Builders with Alpha Insurance Policies Could be Refunded by Danish Guarantee Fund appeared first on Build It.
Article reference Self Builders with Alpha Insurance Policies Could be Refunded by Danish Guarantee Fund
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