Policy Sections
Definitions
Cover Causes
Material Damage
Buildings
Buildings - Extensions
Buildings - Exclusions
Contents
Contents - Extensions
Contents - Exclusions
Glass. Blinds and Signs
Extensions
Exclusions
Conditions
Loss of Rent
Rent Receivable
Alternative Accommodation
Extensions
Conditions
Liability
Public Liability
Public Liability Exclusions
Employers Liability
Employers Liability Exclusions
Extensions
Conditions
General Exclusions and conditions
Exclusions
Conditions
Complaints
Making a claim
A Landlords Insurance Policy
Like all insurance policies, a landlords insurance policy consists of several sections. General information about the various sections is included. You must not assume that your policy has all of the sections referred to (and will probably have different terms, conditions and exclusions). If in doubt contact your insurance broker for advice.
Damage - Conditions
Policies may have conditions. The most important one is AVERAGE. This means that if the sums insured are inadequate then the proposer is regarded as insurer for the difference and only a proportionate amount of a claim will be considered.
As the amount paid out is typically much more than the premium paid to cover the difference, we cannot emphasise too strongly the importance of insuring for the correct sums - usually on a 'new for old' basis.