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

StreamBank streamlines bridging range into three simplified categories

StreamBank has overhauled its bridging proposition, introducing a simplified three-part structure designed to make...

HTB finalises £6m refinance on complex London portfolio

Hampshire Trust Bank (HTB) has completed a £6 million refinance for an experienced landlord...

More2life shortens Flexi ERCs and introduces age-based sourcing enhancement

More2life has introduced a series of changes designed to broaden later life lending options...

Hanley Economic widens lending criteria to reflect modern working patterns

Hanley Economic Building Society has refreshed its residential lending criteria, aiming to accommodate a...

British Design Fund receives £5m boost to widen support for UK product innovators

The British Business Bank has committed £5 million to the British Design Fund in...

Latest publication

Other news

StreamBank streamlines bridging range into three simplified categories

StreamBank has overhauled its bridging proposition, introducing a simplified three-part structure designed to make...

HTB finalises £6m refinance on complex London portfolio

Hampshire Trust Bank (HTB) has completed a £6 million refinance for an experienced landlord...

More2life shortens Flexi ERCs and introduces age-based sourcing enhancement

More2life has introduced a series of changes designed to broaden later life lending options...