The Source partners with L&G for landlord insurance

Published on

General insurance provider Source Insurance has added Legal & General to its landlord property insurance platform.

The new product provides cover for most types of tenants including professional or working people, students, and people in receipt of DSS benefits. The product will also provide cover for unoccupied properties for up to 90 days.

The product provides a maximum rebuild sum insured of £800,000 on buildings, with contents cover on a bedroom rated basis up to five bedrooms.

The product comes with legal expenses built in as standard with optional rent guarantee and home emergency cover.

The addition brings the total number of let property products to six. The Source’s online household platform carries nineteen products.

Kevin Paterson  (pictured), the Source’s managing director, said: “For many years L&G have been a supportive partner for Source and as such we were keen to extend their reach as much as possible.

“The addition of L & G to our landlord property insurance panel further strengthens our proposition and underlines our commitment to offer the best range and quality of cover for the intermediary market.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

CHL Mortgages launches limited edition buy-to-let range and eases criteria

CHL Mortgages has launched a limited edition buy-to-let range alongside a series of criteria...

ModaMortgages launches fee-free limited edition buy-to-let range

ModaMortgages has launched a limited edition range of two-year and five-year fixed-rate buy-to-let products...

Conveyancer decline adds to capacity pressure as exchange times lengthen

The number of solicitors working in residential conveyancing has continued to fall as separate...

Skipton extends Delayed Start mortgage to more home movers

Skipton Building Society has widened access to its Delayed Start Mortgage, allowing more home...

Capco urges firms to keep customer outcomes central amid Consumer Duty reforms

Proposed changes to the scope and proportionality of Consumer Duty could reduce unnecessary compliance...

Latest publication

Other news

CHL Mortgages launches limited edition buy-to-let range and eases criteria

CHL Mortgages has launched a limited edition buy-to-let range alongside a series of criteria...

ModaMortgages launches fee-free limited edition buy-to-let range

ModaMortgages has launched a limited edition range of two-year and five-year fixed-rate buy-to-let products...

Conveyancer decline adds to capacity pressure as exchange times lengthen

The number of solicitors working in residential conveyancing has continued to fall as separate...