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

Recognise Bank backs South Kensington renovation with £556k bridging loan

Recognise Bank has completed a £556,000 residential bridging loan to support the renovation of...

Barclays reduces rates across residential and remortgage ranges

Barclays Mortgages has reduced rates across a wide range of residential purchase, remortgage and...

Hanley widens rent to own mortgage to cover England, Wales and Scotland

Hanley Intermediaries has expanded its rent to own mortgage across England, Wales and Scotland...

The Exeter appoints James Shepherd as non-executive director

UK health and life insurer The Exeter has appointed James Shepherd to its board...

Time Finance appoints broker manager to support £300m lending target

Time Finance has strengthened its asset finance team with a new broker appointment as...

Latest publication

Other news

Recognise Bank backs South Kensington renovation with £556k bridging loan

Recognise Bank has completed a £556,000 residential bridging loan to support the renovation of...

Barclays reduces rates across residential and remortgage ranges

Barclays Mortgages has reduced rates across a wide range of residential purchase, remortgage and...

Hanley widens rent to own mortgage to cover England, Wales and Scotland

Hanley Intermediaries has expanded its rent to own mortgage across England, Wales and Scotland...