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

Japanese knotweed ‘knocks £21.4bn off UK housing market’

Japanese knotweed is wiping an estimated £21.4 billion from UK property values, with more...

Fleet Mortgages names new managing director

Fleet Mortgages has appointed Nicola Richardson as its new managing director. Richardson (pictured) has been...

The Monmouthshire goes live with Phoebus mortgage servicing system

Monmouthshire Building Society has gone live with Phoebus to support mortgage account servicing as...

NatWest completes first PEXA remortgage in two working days

NatWest has completed its first remortgage transaction through PEXA’s digital property completion platform within...

Ceta launches renewal hub for intermediaries on Infinity Portal

Ceta has launched a new Renewal Hub on its Infinity Portal, giving intermediaries a...

Latest publication

Other news

Beyond the walk: Mortgage leaders talk mental health

The Mortgage Industry Mental Health Charter (MIMHC) is hosting its third annual 144-mile Walk...

Japanese knotweed ‘knocks £21.4bn off UK housing market’

Japanese knotweed is wiping an estimated £21.4 billion from UK property values, with more...

Lifting and shifting to the cloud isn’t real transformation

As we gear up to spend time at the Building Societies Association Annual Conference...