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Is ClozeSure a contract of insurance?

No. ClozeSure is not a contract of insurance, nor an insurance company.

The ClozeSure Group is a well funded property company who aim to acquire and profit from the ownership of saleable residential properties in England and Wales.

ClozeSure is a Purchase Option Agreement, where the seller has the option to oblige (or not) ClozeSure to purchase their property for 90% of their agreed sale price in the event that their buyer pulls out following exchange of contracts (forfeiting their deposit).