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Insurance
Rent Guarantee
- Cover for the total monthly rent, no matter how many tenants live in the property or the rental amount
- 100% of the monthly rent paid for up to a maximum of six months from the date of the first arrears
- Legal expenses up to £25,000 to cover eviction costs if your tenant fail to pay the rent
- 50% of the rent paid for up to two months after vacant possession has been obtained, whilst you look for new tenants
- Excess equivalent to one month's rent
- Absolute peace of mind, at affordable, competitive prices- for your total rent
Landlord Buildings Insurance
- Rebuilding of your property
- Unoccupied properties if the property is empty for 90 consecutive days.
- Loss Of Rent And Alternative Accommodation loss of rent and your re-letting costs or costs of alternative accommodation
- Emergency assistance cover included free of charge
- Trace & access up to £5000. In the event of an escape of water to cover the cost of locating the point of escape, repairing and making good.
- Emergency access up to £1000. Damage to landscaped gardens following emergency access as a result of a medical emergency.
- Metered water and Gas charges up to £1000. Following loss caused by damage to the apparatus after the point of the service feed to the insured property.
Capital Additions up to £100,000
- Workmen - Workmen may be employed to effect repairs, decoration, general maintenance and minor alterations without prejudice to the insurance.
- Other interests - The interest of any freeholder, mortgage, lessor or tenant is automatically noted in the insurance as long as it is disclosed in the event of claim.
- Property owner's liability - £5,000,000 including Defective Premises Act.
- Legal liability as employer for - Public Liability £5,000,000 and Employers Liability £10,000,000.
Landlords Contents Insurance
- New for Old - if full content cover is selected then cover is provided for domestic furniture and furnishings on a New for Old basis.
- If Contents Insurance for unfurnished properties is selected cover is provided for the following items only: Carpets, Curtains, Sun Blinds, Light Fixtures and Fittings and Kitchen white goods.
- Loss of Rent and Alternative Accommodation.
- Unoccupied properties if the property is empty for 90 consecutive days.
- Emergency Assistance Cover included free of charge - Summary Below.
- Temporary Removal - up to 20% of Contents sum insured.
- Contents in the Garden up to £500.
- Replacement of locks following theft of keys up to £1000.
- Loss of Oil up to £500 and Metered Water or Gas up to £1000.
- Legal liability as owner of the contents - £5,000,000.
- Legal liability as employer for: Public liability £5,000,000 and Employers liability £10,000,000.
Additional Options for Contents Insurance
- Accidental Damage - option is available at an additional charge and includes Accidental and Malicious Damage by the tenant (not available on Contents Insurance for unfurnished properties).
- Excess Options - nil / £100 / £250 / £500 / £1,000. To apply to all perils. Your policy schedule sets out which excess option you have purchased.
- Nil Excess Option - available at an additional charge (not available on contents insurance for unfurnished properties).
Tenants Insurances
Tenants Contents Insurance
- Accidental damage to your TV, audio, video, DVD and personal computer equipment
- Valuables like jewellery are covered up to 33% of the total sum insured
- Pedal cycles
- Money and credit cards
- Contents in your garage, shed or outbuildings up to £500
- Contents in your garden up to £200
- Cost of changing locks if your keys are stolen up to £250
- We even cover your frozen food up to £250 if your freezer breaks down
Tenants Personal Insurance
WHAT IS RENT & LIFESTYLE PROTECTION??
This gives you long-term protection for your rental payments and the cost of living if you can't work because of sickness or an accident.
You can also have unemployment cover.
For any further information on any of these insurances products please contact Letco.
