Related Insurances

OTHER RELATED INSURANCES FOR PROPERTY OWNERS & INVESTORS

EMPLOYER'S LIABILITY – You may have a statutory duty to provide Employer’s Liability Insurance for any employees even if just directors

MANAGEMENT LIABILITY - Directors’ & Officers and Corporate Liability – limited liability companies increasingly require protection for its directors and senior management and to protect the firm itself against allegations of wrongful acts.

ENGINEERING / STATUTORY INSPECTION - Sudden & Unforseen Damage, Breakdown & Statutory Inspection – where there is a statutory duty to inspect certain machinery such as passenger or goods lifts, where ‘breakdown’ of such equipment may be a cause of concern, or to cater for events such as lift collapse.

LEGAL EXPENSES –Tto cater for legal disputes between landlord and tenant, squatters and tax investigations by HMRC.

LEGAL INDEMNITY - Restrictive covenants, defective title, lost title deeds and similar property ownership and use restrictions typically discovered during the acquisition or sale process.

ENVIRONMENTAL - Compensation to third parties arising out of pollution, mandatory clean up costs of own and third party sites.

CREDIT RISKS - Credit insurance to limit bad debts following insolvency or as cover purchased on an 'ad hoc' basis to facilitate a specific deal.

LATENT DEFECTS - Structural Building Warranties for 10 or 12 years for residential or commercial risks as first party cover assignable to future owners/tenants to avoid dependency on contractors' professional indemnity insurances which increasingly tend to be of little value.

OTHER PROPERTY DEVELOPMENT COVER - Insurance for new build or refurbishments to comply with JCT or similar contrcat conditions including Contractors All Risks/Contract Works, Materials and Tools, plus construction liability cover such as Public Liability and JCT 21.2.1 and Advance Loss of Income.

OTHER INSURANCES - As well as arranging insurance for your property investments, we are able to assist you with other classes of insurance property owners may require: Office; Computers; Motor Fleet; Crime; Personal Accident & Travel..