Insurance for property owners

This product is intended for property owners who own relatively small or simple premises or simple property portfolios and rent them to 3rd party tenants.

Methodist Property Owners insurance can include the following:

• Property damage
  Protection for your buildings and contents of common parts in the event of fire, explosion, storm, flood, falling trees, vandalism, escape of water, vehicle impact and forcible and violent theft. For residential properties, we also cover your loss of rent and alternative accommodation of residents where such premises become uninhabitable following insured damage.
• Equipment breakdown
  Cover for a range of equipment including lifts, boilers and air conditioning systems.
• Rental income
  Loss of income following an insured event under the Property Damage section of the policy. Cover includes the extra costs to minimise the loss of rent.
• Public liability
  With a limit of £5million which can be increased upon request.
• Employer’s liability
  For liability claims made by employees and volunteers.
• Legal expenses
  Legal fees, compensation awards or appeal costs arising from a wide range of legal disputes. Legal fines cannot be covered by the policy.
• Terrorism cover
  Including loss of revenue.

The summary of cover gives more details on the main features and benefits of the product, as well as any significant exclusions and conditions.

The policy contains full details of the benefits and exclusions.