Page 32 - Sparta A4 Product Flyers

Landlord Legal and Rent Guarantee Cover
Protection (when selected)

This is a legal expenses insurance contract designed • Legal costs and expenses up to £50,000; and
to provide advice and representation for you in disputes • Rent arrears up to £2,500 per calendar month
or prosecutions relating to the letting of your property. • Obtaining vacant possession of your property
• Unpaid rent due under the tenancy agreement;
The insurer will pay legal costs and expenses and, where • 50% of the monthly rent for up to 3 months if your
applicable, rent arrears, up to the limit of indemnity for property cannot be re-let due to damage by tenant.
the insured incidents listed below. • Pursuing rent owed under a tenancy agreement
• £175 per day towards alternative accommodation;
1. Repossession • £15 per day towards storing personal possession; for
2. Rent Protection (when selected at time of purchase) • a max of 30 days while you pursue repossession.
3. Rent Recovery Pursuing your legal rights against the tenant or
4. Alternative accommodation & storage costs another party who has caused damage to your
property or its contents.
5. Damage to your property
6. Nuisance and trespass What is not insured?
7. Defence of criminal prosecutions • For rent which falls due after your policy expires.
8. Contract disputes • Satisfactory references have not been obtained for
9. Tax Enquiries each tenant and any guarantors.
10. Witness Expenses • Once vacant possession has been gained, other than
where the property cannot be re-let (dilapidations).
• Helpline services for commercial legal & tax advice • Where rent is overdue by less than a month
• Counselling on matters causing distress • For less than £500 in Damage Dispute
• Where a detailed inventory not agreed and signed
*Multiple Property Discounts available on this product • by the tenant.
Where you have not issued the correct notices