Residential Property Owners


Target Market
Our residential Let Protect product is underwritten by Ascot Group’s Syndicate 1414 at Lloyd’s and is suitable for residential property owners who own a property* that is either let out to tenants, used as a holiday home, used as a second home and/or is unoccupied. (
*House, Single flat or block of flats/apartments.)

This product provides insurance cover for buildings, contents, loss of rent/alternative accommodation and property owners’ liability insurance. In addition, the following covers can be added onto the residential let product: legal cover, rent guarantee, emergency assistance and/or terrorism cover. The product is not suitable for properties situated in Northern Ireland.

Scheme: Let Protect

Features & Benefits

  • Free £5,000 Landlords Contents when tenanted by professionals, students or DSS (Non-Referral). All white and brown goods included if supplied by the landlord
  • Accidental Damage to buildings is automatically included for professionals, students and DSS (Non-referrals)
  • Property Owner’s Liability £2,000,000 (Limit of Indemnity)
  • Loss of Rent 20% (Building Sum Insured), or up to £150,000 alternative accommodation except for unoccupied properties
  • Trace and Access up to £5,000
  • Accidental Damage to cables & underground services
  • Loss of Metered Water £2,500 any one claim, maximum £5,000 any one period of insurance
  • Index linking in the event of a claim
  • Unauthorised use of utilities cover up to £5,000

  • Capital Additions - 10% of the BSI or £250,000 whichever is less
  • Landscaped gardens - following damage by emergency services £5,000 in anyone period of insurance
  • Removal of wasp and bee nests - £1,000 in anyone period of insurance (£50 excess applies)
  • Clean-up costs and remedial work following the Illegal Cultivation of Drugs – up to £5,000 in any one period of insurance
  • Malicious Damage caused by persons authorised to be in the buildings* - Limited to £5,000 if there is not a satisfactory tenant’s reference

    *excluding buildings occupied by Asylum Seekers

Optional Extras

  • Option to extend Property Owner's Liability to £5,000,000 LOI
  • Differing degrees of cover available when unoccupied (See document below for further details)
  • Legal Expenses up to £25,000
  • Rent Guarantee cover up to £30,000
  • Emergency Assistance up to £500
  • Terrorism is available as an optional extra