Protecting the bricks and mortar
Property Owners
We can write risks for individuals owning one or more properties through to commercial organisations with large property portfolios. Properties can be residential, commercial or a mix of both.
Core Cover
- Buildings
- Loss of rental income
- Public liability
- Employers' liability
- Terrorism
Trade Examples
- Single risks and mixed portfolios: commercial, residential, unoccupied, non-standard
- Unoccupied, part-unoccupied, and properties with works
- Non-standard tenants: council, care/support, asylum seekers
- Hospitality: pubs, restaurants, hotels
- MMC & Grade 2 risks considered
- Unsuitable risks:
- Grade 1 / Grade A properties
- Outside UK, IoM, Channel Islands
- Thatched or timber-framed properties
- Physical assets: waste sites, nuclear/power stations, airside, quarries/mines, docks/boatyards/waterways
Features & Benefits
Our Property Owners product provides broader cover and less restrictive terms and conditions than those typically available in the market, including:
- 35% Day one uplift
- Property Owners Liability - £5m LOI (£10M available)
- Landlords contents £30,000 and communal contents £30,000 (higher limits are available if needed)
- Average waiver (subject to RICS survey within the past 3-years)
- 60-days unoccupied definition
- Capital additions
- Inadvertent omission to insure
- Residential loss of rent / Alternative accommodation 33.33% of the Building Sum Insured (in addition to the BSI)