Landlords Portfolio Insurance
Residential property owners insurance for multiple property risks.
Cover only available for:
- Professionals
- Students
- DSS
- DSS Referrals
- Unoccupied properties
- Asylum Seekers
Summary of cover
- Standard perils and subsidence, landslip and heave (Accidental Damage optional but not available to Unoccupied, DSS referrals or Asylum Seekers)
- 20% loss of rent automatic (not available for unoccupied properties).
- Property Owners' Liability £1,000,000 included automatically (£2,000,000 optional).
- Maximum Sum Insured per property £1,500,000 including Buildings, 20% Loss of Rent and Contents.
- There is no limit to the number of properties on any one policy.
- Malicious acts, vandalism, theft and attempted theft are excluded in respect of properties accupied by Asylum Seekers.
- Please refer to the Key Facts for further policy information.
Definitions
Professional Let: Tenants in full or part time employment and not receiving housing benefits.
Students: Tenants in full or part time education not claiming benefits.
DSS: Tenants on unemployment benefit, housing or disability benefit provided that the tenancy agreement is between the tenant and the landlord or their appointed letting agent.
DSS Referral: When/where the contract to house is other than between landlord and tenant, excluding Asylum Seekers.
Unoccupied Properties: Properties that are unoccupied at inception, pending an acceptable tenant. Cover is limited to fire, lightning, aircraft, explosion, storm, flood, subsidence, landslip, heave and property owners liability (Certain other conditions will apply to a property that is unoccupied. Please see the Policy Wording for a full copy of these).
Asylum Seekers: Person who seeks the status of refugee in national or international law.
Standard Construction: Built of brick, stone or concrete and the roof made with slate, tiles, metal or concrete or flat roofed with asphalt, bitumen, concrete or felt on timber.
Members of the British Insurance Brokers Association.