Residential Let Property
Available on a range of software houses and as an e-trade build for brokers' own platforms
This product is available on Acturis, Open GI via Homewriter and PowerPlace Micro, TGSL, SSP and as a bespoke build for brokers’ own e-trading platforms. Need help with a referral? Contact us on 01403 321117
Our product offers competitive rates, a highly differentiated footprint and broad acceptability criteria, allowing you to e-trade risks which would previously have been declined.
Available on Acturis, Open GI via via Homewriter and PowerPlace Micro, TGSL and SSP; plus our skill at e-trading means we can also design a bespoke build for your own platform:
- We can build products for your own quote and buy administration system
- We can build white-labelled software house products to your specification
- We can also create solutions for broker panels, where we can support common policy wordings or provide our own
Whatever option you choose, we will work closely with you to identify gaps in your product offering, giving you the opportunity to quote for more risks and ultimately write more business. Where referral is needed to an underwriter, you'll find us easy to do business with, because our in-house team's expertise makes them quick and flexible.
Plus, we know that e-traded products can seem generic so we've added in value wherever we can, for example, your clients will benefit from excellent service from a UK claims team and our generous covers.
Who Qualifies?
Anyone! What does that mean? It means not having to cancel and replace mid-term if the tenant changes eg from occupied to unoccupied, or even pending sale.
And, when we say we cover anyone, we really mean it:
- UK holiday let
- Homes in multiple occupations
- Tenancies arranged direct with local authorities where the landlord has signed over the property
- Clients with bankruptcies, County Court Judgements (CCJs) or convictions
- Cover available (excluding subsidence) for properties with previous subsidence claims
- Competitive rates for unoccupied properties on restricted perils
What's covered
- Buildings Sum Insured up to £1M (£500K for unoccupied properties)
- Full Perils available on unoccupied properties
- Cover for cultivation of drugs and unauthorised occupation of the home
- Trace and Access cover up to £25K
- Replacement locks and keys up to £2.5K
- Loss of rent and alternative accommodation cover up 25% of buildings sum insured
- Accidental damage for all tenant types (excluding unoccupied and holiday homes)
- Malicious damage and theft by tenant up to £5K (excluding unoccupied and holiday homes)
- Property owners liability up to £5M
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What else do we offer on Acturis?