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

OPDA calls on housing market to respond to proposed reforms

The Open Property Data Association (OPDA) has urged the industry to engage with the...

Equifinance completes second securitisation as investor demand strengthens

Equifinance has completed its second public securitisation, with the £260 million East One 2025-1...

Research highlights widespread concern over lenders’ tech readiness

More than two-thirds of mortgage lenders are uncertain about their capacity to implement emerging...

Zoopla: Rental demand slips as buyers return

Zoopla’s latest Rental Market Report shows the rental sector entering a new phase of...

New vulnerability guidance raises the bar for firms’ systems and oversight

Financial services firms are being urged to overhaul their IT systems after new industry...

Latest publication

Other news

OPDA calls on housing market to respond to proposed reforms

The Open Property Data Association (OPDA) has urged the industry to engage with the...

Equifinance completes second securitisation as investor demand strengthens

Equifinance has completed its second public securitisation, with the £260 million East One 2025-1...

Research highlights widespread concern over lenders’ tech readiness

More than two-thirds of mortgage lenders are uncertain about their capacity to implement emerging...