Property Owners provides broad and flexible cover for UK commercial property portfolios. Designed for commercial risks and portfolios of up to 20 properties, mixed-occupancy locations and residential risks may also be included in a wider portfolio.

About the product

Property Owners package is designed for UK commercial property portfolios. While focused on commercial risks, our appetite includes mixed-occupancy locations and up to 27.5% residential risks within a portfolio. The package provides broad and flexible coverage through both standard and optional sections. Individual locations up to £2.5 million sum insured with up to £5 million sum insured coverage available on referral.

STANDARD COVERS

• Buildings
• Property Owners’ Liability

OPTIONAL COVERS

• Contents
• Business Interruption
• Employers’ Liability
• Legal Expenses
• Terrorism

KEY HIGHLIGHTS

• Designed for commercial property risks and portfolios of up to 20 properties.
• Simple mixed occupancy (commercial and residential within one location) risks accepted.
• Up to 27.5% residential risks can be accommodated within a wider commercial portfolio.
• Unoccupied premises within a wider portfolio considered on referral.
• Ability to insure contents items.
• Business interruption includes alternative accommodation, rent and book debts.
• Virtual Medical Care included as standard.
• Tenant occupational driven minimum premium.

Preferred Risks: Office • Leisure • Manufacturing • Retail • Service • Wholesaling

Avoided Risks:  Clubs/societies • Charities • Government • Student accommodation • Grade 1 listed • Non-standard residential risks