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Letsure
Tenant Insurance – Letsure Landlord Insurance Rental
insurance -
Letsure
offering insurance products for Landlords and Tenants. Letsure
Landlord Insurance and Tenant Insurance & Holiday Homes UK Letsure
Landlord insurance 
Letsure
Tenants insurance 
Letsure
Landlords Rent protection insurance
 Letsure
Landlords Legal Protection
Letsure
UK Holiday Homes insurance Solutions
for Landlords from Letsure Low Cost Landlord Insurance for the UK They
are a specialist provider of Landlord insurance products and risk management services
to the lettings industry. - Buildings
and Contents
- Rent
Protection
- Legal
Protection
- Tenant
Assessment
- UK
Holiday Homes
__________________________ Landlords'
Household Insurance Landlords
face unique risks when letting out property, so protecting your investment against
the unexpected is a prudent step. Landlords Household Insurance covers:
- Buildings
insurance (if required)
- Contents
insurance (if required)
- up
to £40,000 for furnished property;
- or
up to £5,000 for unfurnished property (covers carpets, curtains, domestic
kitchen appliance, light fittings and sunblinds)
- Loss
of rent as a result of insured event
(up to 20% of the sum insured on buildings
and /or contents) - £2,000,000
public liability cover
- £5,000,000
employers liability cover
- Protection
against damage caused by the tenants
- Accidental
damage cover options available
- Full
cover for property unoccupied between lets (subject to conditions)
- Monthly
premium payment option (subject to acceptance- Service charge applies)
- Insurance
premiums are a tax deductible expense
Landlords
Household Insurance is accepted by mortgage lenders Letsure
Landlord insurance
Top
of Page __________________________ Rent
Protection Insurance -
Rentsure Silver InsuranceTenants
can fall into arrears for many reasons, even those with favourable references.
Can you afford to lose monthly income? In
an uncertain world, it's good practice to obtain protection. Tenant's circumstances
can change for any number of reasons, so it's prudent to minimise the risk to
your income. Rentsure Silver can assist to protect your rental income. The insurance
provides: - Rent
Guarantee Insurance; protection to pay the monthly rent for up to 12 months on
breach of tenancy agreement
- 100%
of the rent paid until full and vacant possession is obtained
- 75%
of the rent paid for up to 2 months once full and vacant possession is obtained
until the property has been re-let
- Covers
monthly rents up to £5,000 (or higher upon request)
- Covers
Legal Costs:
- to
obtain possession of the property on breach of the tenancy agreement
- to
defend a Legal Action brought against you by your tenants
- to
remove squatters
- Pays
the cost of alternative accommodation up to £50 per day or a maximum £1,500
per claim
- Cover
is only available for properties to be insured within England, Scotland or Wales
- Insurance
premiums are a tax deductible expense
A
Letsure Comprehensive Tenant Assessment will satisfy all the referencing requirements
of Rentsure Silver Insurance Letsure
Rent protection insurance
Top
of Page __________________________ Legal
Protection InsuranceDisputes
with tenants can be costly. Don't be faced with the unexpected expense of solicitor's
fees. Letsure Legal Protection Insurance can provide you with invaluable protection. Legal
Protection Insurance covers your property against risks such as the legal costs
that may arise if your tenant(s) breach the terms of their tenancy agreement with
you by providing cover for legal expenses and disbursements. The policy provides:
- Legal
expenses cover, up to £50,000 per annum, for disputes over unpaid rent and
damage to property (subject to the minimum amount in dispute exceeding £250)
- Assistance
to trace 'gone-away' tenants
- Cover
is only available for properties to be insured within England, Scotland or Wales.
- Insurance
premiums are a tax deductible expense
Letsure
Legal Protection
Top
of Page __________________________ Holiday
Homes InsuranceWhether
your property is a second home or an investment, they have one thing in common
– the need for specialist insurance. We can offer you an insurance policy
which provides comprehensive property insurance especially for second homes or
homes rented out as holiday lets. Holiday
Homes Insurance from Letsure provides comprehensive property cover for most types
for properties. (Cover is not available for mobile homes or chalets).
Cover
can be arranged for the Buildings, Contents or both:
- Buildings
(minimum sum insured) £40,000
- Contents
(minimum sum insured) £10,000
- New
for old cover on contents (except clothing and linen)
- Cover
for theft and malicious damage, (not by tenants) even whilst a property is unoccupied
(subject to policy terms and conditions – see main conditions below)
- Damage
to the property, its outbuildings and swimming pools as a result of subsidence
- Property
owners liability up to £2,000,000
- Employers
liability for domestic staff
- Monthly
premium payment option available (subject to terms and conditions – service
charge applies)
Holiday
Homes Insurance is accepted by mortgage lenders. Letsure
Holiday Homes
Top
of Page __________________________ Tenants
insurance Tenants
Contents Insurance from Letsure is
designed to cover the type of problems that can crop up when renting a property,
including protection if you are found to be liable for injury to other people. You
might be surprised to know that your landlord cannot be responsible for insuring
your possessions or that you could even be liable for any damage you cause to
your landlord’s goods. To provide you with a solution, we offer contents
insurance specifically designed for tenants. Tenants
Contents Insurance covers: - Cover
is available up to a sum insured of £30,000 online. Should you require a
higher sum please contact us on the number above.
- new
for old cover;
- accidental
damage cover (optional);
- include
your landlord's goods up to £2,500 (with accidental damage cover option);
- employers
liability cover;
- personal
and occupiers liability cover;
- contents
covered whilst moving home if professional removers are employed;
- cost
of alternative accommodation paid (up to 20% of the contents Sum insured) if your
home becomes uninhabitable following an insured occurrence.
- cover
is available for personal possessions normally carried or worn, away from the
home, extends to worldwide cover for up to 60 days a year
- *monthly
premium payment option available
*
Subject to terms and conditions
Letsure
Tenants insurance
Top
of Page
Letsure Ltd are authorised and regulated by the Financial Services Authority (FSA).
Letsure's FSA registration number is 313817. Letsure Ltd Registered in England
No. 03010153 - Registered address: 4-9 Highview, High Street, Bordon, Hampshire,
GU35 0AX, England __________________________ 
Brief
summary of Landlord Insurance Brief
summary of Tenant's insurance
REMEMBER
WHETHER YOU ARE A LANDLORD OR TENANT - YOU SHOULD HAVE SUFFICIENT INSURANCE COVER
Letsure? Letsure
provides specialist solutions for the lettings market, helping protect against
the risks associated with property rental. Whether you are a tenant looking to
rent a property, a landlord with a property to rent or are an Agent with experience
in providing Letting services, we can provide you with the right solution for
your insurance and letting needs. Letsure
Limited is authorised and regulated by the Financial Services Authority, Registration
Number 313817 (www.fsa.gov.uk/register/). Not all products mentioned on this website
are regulated by the Financial Services Authority
Registered Office: 4-9 Highview, High Street, Bordon, Hampshire, GU35 0AX. Letsure
Limited Registered in England No. 03010153 VAT No: GB 243 9514 56 April
2010: Letsure sets up insurance deal with Hamptons
Letting Agents Lettings insurance specialist Letsure has agreed a deal to provide
insurance products to landlord customers of residential agency Hamptons International....
More Here October
2009: Letsure lettings business grows in Glasgow,Scotland
- the
long established landlord and tenant rental insurance company and credit checker
on tenants is expanding its operation in, Glasgow, Scotland....More
Here September
2009: Letsure Landlord & Tenant insurance releases
Rentsure Complete Rent guarantee insurance - Letsure the long established landlord
and tenant insurance company has launched a new product aimed the landlord market....More
Here March
2009 - Letsure Property Insurance now available again via jml Insurance
in the Uk - After an absence of 14 months when Letsure products could not be sold
on line a new system is in operation and available via jml insurance...More
Here January
2009 - New Managing Director for Letsure- Barbon
Insurance Group has announced the appointment of Ian Fraser as Managing Director
for its Letsure division ( visit www.letsure.co.uk) - one of the leading suppliers
of let property insurance solutions for tenants, landlords and agents...More
Here Top
of Page
Landlords'
insurance cover: How much is enough? Over
insurance is pointless under insurance can be costly, so how do your clients get
the balance right? Individual
circumstances differ. Someone letting their primary residence to go abroad may
assume that existing household insurance can run on. Other purchasing an investment
property intended for letting unfurnished may believe their requirements are minimal. Clients
must understand that a standard insurance policy may not be sufficient. Landlords
face unique risks when letting property so need to think carefully about protecting
their investment. The
first essesntial is adequate buildings covere where the property is insured for
its full re-building cost, not for its market value. Depending on area and type
of property re-building costs could be substantially lower - or even higher.Market
value is driven by location whereas re-building is based on current contruction
costs. Underpinning
the calculation of rebuilding cost is external floor area, a figure more than
90% of property owners do not know. If the property is new-build or recently purchased,
it may be possible to find the rebuilding cost on the valuation report or mortage
survey. Otherwise, a guide to assessing and calculating rebuilding costs can be
found on the The Association of British Insurers' website www.abi.org.uk Contents
cover is dictated by whether the property is let furnushed or unfurnished. For
furnished property, the client can eliminate guesswork by using the room by room
inventory and putting an estimate of replacement costs against each item. The
accumulated value of the contents may surprise them by being 20% or 30% higher
than they assumed. What
about unfurnished property? This is still likely toinclude kitchen appliances,carpets
and curtains. Landlords purchasing new investment properties will invariably find
that kitchen appliances are built-in, in which case appliances and fitted units
are covered by the buildings insurance. In this event, the amount of cover needed
will be minimal. Specialist
landlords' household policies can provide both buildings and contents cover, with
contents cover tailored to provide full cover for furnished or limited cover for
unfurnished.A specialist policy will also look beyond protecting bricks, mortar
and possessions. Elements such as protection against damage by tenants, full cover
for property unoccupied betweeb lets, loss of rent as a result of an insured event
and public and employer's liabillity cover are also options. And as your advice
should extend to protecting the landlord's investment, you should also encourage
rent and legal protection for unforseen situations where things can go wrong with
a tenancy.
Source: Tim Wakelin of Letsure December 2005 The
above information has been supplied by Tim Wakelin of Letsure and that jml Property
Services takes no responsibilty for its accuracy. December 2005 Top
of Page
New
to letting or renting? Take
a look at our landlords
advice and tenants
advice guides Why
do I need Landlords Insurance? See
also You
need insurance cover for whatever the weather, Adequate Buildings insurance -
keep your home / investment protected and Landlord
Insurance Article by Philip Suter Top
of Page
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