Landlord Legal Expenses & Rent Guarantee Insurance

 

QUOTATION SUMMARY

 

Please carefully check the information contained in this quotation to ensure it is correct. If anything is incorrect or needs to be changed, please inform the organisation who provided you with this quotation immediately. Please note that this document is a summary of the quotation provided to you and is not confirmation of insurance coverage.

 

Duty of disclosure

 

You must tell the organisation who provided you with this quotation about any material circumstances which may affect this insurance. A circumstance is material if it influences the insurer’s judgement in deciding whether to provide this insurance and on what terms and failure to disclose any material information could affect the extent of cover provided. If you are in any doubt as to what information should be disclosed, please disclose it anyway. We have summarised the information that you have provided to us in the Statement of Fact document which is included in the document pack that has been provided with this quotation.

 

This quotation is based on the following assumptions:

 

-        You are not aware of any existing circumstances which could give rise to a claim under this Landlord Legal Expenses and Rent Guarantee Insurance.

-        You have not had more than one dispute in the last five years which has or could give rise to a claim under Landlord Legal Expenses and Rent Guarantee Insurance (or any equivalent insurance).

-        In respect of any existing or previous Landlord Legal Expenses and Rent Guarantee Insurance (or any equivalent insurance), you have not had cover declined, cancelled or special terms imposed.     

-        The property to be insured is situated in the United Kingdom, the Channel Islands or the Isle of Man.     

-        The property to be insured will be let under a residential tenancy agreement in writing between you and the tenant. If the property is in Northern Ireland, the agreement must not be a Protected Tenancy, Statutory Tenancy or Protected Shorthold Tenancy.

-        You have obtained a credit check against the tenant and any guarantor, obtained from a licensed credit referencing company showing:     

        No County Court Judgments in the past 3 years;

        No outstanding County Court Judgments;

        The tenant’s financial ability to meet the rent commitment, or the guarantor’s financial ability to meet the rent commitment if applicable;

        That it is appropriate in the circumstances following receipt of the outcome of the credit check to grant a tenancy agreement to the tenant.

-        You have copies of two forms of identification, one of which must contain a photograph where the tenant is an individual.

-        The rent on the property to be insured is no greater than £2,500 per calendar month.

 

If any of the above statements do not apply to you then please contact the person who provided you with this quotation immediately.

 

 

 

 

 

Landlord Legal Expenses & Rent Guarantee Insurance

 

QUOTATION SUMMARY

 

Policyholder Name:

 

 

Insured Property Address:

 

 

 

Insurance Intermediary Name:

 

Adelphi Insurance Brokers

 

Insured Events:

 

Breach of Tenancy Agreement

Pursuit of Rent Arrears

Eviction

Legal Defence

Rent Arrears Guarantee

Legal Advice Helpline

 

Claim Limits:

 

per claim

per period of insurance

Maximum of per month for claims under Rent Arrears Guarantee, subject to a maximum indemnity period of 12 months (and also subject to a maximum of per claim and per period of insurance)  

 

Excesses:

 

None

 

 

 

 

 

Landlord Legal Expenses & Rent Guarantee Insurance

 

QUOTATION SUMMARY

 

Premium:

 

Premium

Insurance Premium Tax (12%)

Total Premium Due

 

Date of Issue:

 

 

Additional Material Facts:

 

None disclosed

 

This quotation is valid for a period of 30 days.