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Rentshield
Direct Insurance now available via jml Insurance in the UK
Released
18th April 2008 Summary:
The UK now has numerous rental properties and jml Insurance who act as introducer
to a couple of major rental insurance providers have just been appointed an agent
to sell Rentshield Direct rental insurance jml
Insurance are pleased to announce that they have just been made introducer agents
for Rentshield
Direct Landlord and Tenant insurance products in the UK. With
a very buoyant Buy to Let market in
the UK it makes sense to offer an excellent selection of products. jml Insurance.co.uk
have been offering Letsure rental insurance since 2002 and EIS the owners of Letsure
have recently transferred their online insurance to another of their companies
HomeLet that jml has been introducing since latter part of 2002. Philip
Suter of jml insurance.co.uk said" it makes sense to have a good choice of
products for Landlords and Tenants and with Letsure no longer being available
the introduction of Rentshield Direct is there for a Landlord
or Tenant to
choose from along with HomeLet and Endsleigh." The
landlords household and tenants contents policies are underwritten by IGI Insurance
Co Ltd and the rental income by DAS Legal Expenses Insurance Company. A
Rentshield Direct spokesperson explained that their policies are very competitive
with those being offered by HomeLet and Endsleigh. A test case was carried out
on line for comparison quotes for a rental property in Bourne
End, Buckinghamshire. It was based on £150k rebuild value and £30k contents
cover with standard construction. The research** showed that Rentshield was cheaper
than both Endsleigh and HomeLet
for Landlords insurance and for Tenant Contents insurance HomeLet was the most
expensive of the three with Rentshield Direct being more expensive thanEndsleigh.
Landlords
can take out cover for building and contents, Legal Protection and rent guarantee.
Tenants can take out cover for their personal contents and accidental loss or
damage to the Landlord's building and contents for which they are legally responsible
for as a tenant. Rentshield
Direct also offers a Tenants referencing service for letting agents in the UK
(**Research
was carried out on the 9th April 2008 and it should be noted that differences
in premium quoted can occur from property to property in different areas). More
information can be found at the jml insurance website www.jml-insurance.co.uk
Ends... Company
Information jml
Insurance.co.uk
is part of jml Property
Services, the trading name of Jeffrey
Milner Ltd. The company is an UK based company that was established in 1979.
jml insurance acts as an introducer for insurance companies selling property insurance
including landlord and tenant rental products, pet insurance, wedding insurance,
motor insurance, car hire excess insurance, travel insurance and non standard
insurance products. Originally for rental property insurance in 2002 with products
like HomeLet and Letsure, other specialist products like car rental excess insurance
from insurance4carhire.com were soon added. Today there is a very large selection
of products including specialist providers for ex-offenders, overseas property
insurance, business maternity cover etc. They also operate jmlvillas.com
an online marketing service for owners of holiday home property to advertise and
are part of the jml Group
that includes jml Training
and Consultancy. Philip Suter has
been involved in the letting business in the south of England for over 30 years.
© jml
Property Services April 2008
See
also: Bargain Hunting Landlords are being caught
out - Rentshield October 2009
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