06 December, 2010

Buildings insurance

Cornish Mutual's buildings insurance can cover you against the usual dangers to a domestic building like loss or damage due to flood or fire damage, together with other things you may not have thought of such as accidental damage. We will also help you to make sure you are insured for the cost of rebuilding your property should the worst happen.

Contents insurance

Our contents insurance covers loss of or damage to contents in your property by a range of causes - from theft, fire and accidental damage to malicious persons. This includes cover for contents in the garden and replacement locks following the theft of external door keys.

Loss of rent insurance

Having a property unavailable to rent can have serious financial consequences. We can provide cover for loss of rent should your property be uninhabitable due to loss or damage. You are able to decide the maximum period you believe your property would be uninhabitable and the loss of rent this would cause.

Employers' Liability insurance

Employers' liability insurance is compulsory by law for most employers. Employees include working directors and casual or sub-contracted labour e.g. cleaners working in your let property.

Your legal liability arising in connection with your let property business for injury to your employees can be covered for up to £10,000,000. Employers' liability insurance means that in the event of injury to an employee, for which you are held responsible, you will be protected.

Public Liability insurance

Automatically included in the policy, you will be covered for legal liability arising in connection with your let property for injury to any person who is not an employee or damage to their property up to a sum of £2,000,000 plus costs and expenses.

For useful sources of information on the letting of property please visit our Let Property Information page.

Please note that this article is meant only as a guide to some of the pertinent issues related to renting property in the United Kingdom. It is based on Cornish Mutual's current understanding of the law however anyone acting on the advice contained in this guide is deemed to have satisfied themselves of the correct legal position by having contacted and involved the relevant knowledgeable person or organisation.