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

Click2Check joins OPDA as drive for open property data gathers pace

Click2Check, a credit, anti-money-laundering and Open Banking provider used by financial advisers, mortgage intermediaries,...

The Mortgage Works cuts switcher rates for existing landlord borrowers

The Mortgage Works is lowering switcher rates by up to 0.20 percentage points across...

SmartSearch deepens Twenty7tec partnership with expanded ID verification tools

SmartSearch, the digital compliance and anti-money-laundering provider, is increasing the reach of its technology...

New Homes Mortgage Services buys Barron Financial Solutions to expand reach

New Homes Mortgage Services LLP has completed the acquisition of Barron Financial Solutions as...

Mortgage activity picks up in third quarter as FCA review reopens access debate

UK Finance’s third quarter Household Finance Review shows mortgage lending returning to growth after...

Latest publication

Other news

The buy-to-let market continues to defy expectations

Perception and reality are often mistaken for one another. That is especially true in...

Advisers are missing a clear chance to help clients with survey advice

For years, advisers have often seen surveys as something outside their core work. Some...

Click2Check joins OPDA as drive for open property data gathers pace

Click2Check, a credit, anti-money-laundering and Open Banking provider used by financial advisers, mortgage intermediaries,...