Landlord Legal Expenses Insurance
What is Legal expense insurance for landlords
This is an optional insurance that can provide you with cover for costs that you may have to incur as a landlord. For example, any legal costs that arise from managing your rental property or properties. Other common examples are pursing the tenant for damages to property or non payment of rent. In addition, it can pay your legal defence costs should a tenant claim that you have breached your landlord legal obligations.
The landlord must follow the correct reference guidelines and procedure for existing tenants or any new tenants that will move into the property. This will be requested should any claim be made and failure to produce will invalidate your policy.
For full time employed working tenants, a 4 point check will suffice
What insurance must a landlord have?
Other insurance and Services Available for landlords
2 Levels of cover available Platinum or Gold
What is not covered
FAQ Landlord Legal Expenses Insurance
Does and excess apply, if so how much?
Nil excess, which means you are not liable for any costs when you make a claim.
What are my obligations?
Please provide all the correct information in response to questions. These answers are important and will form part of the statement of facts that will be included with in the final policy document. If circumstances change or your response has been misinterpreted, you must inform the insurance provider as soon as possible. Failure to take timely action can invalidate your policy.
Can I cancel my policy?
You may cancel for full refund within 14 days of purchase or the day on which you receive your policy documents.