General insurance provider Uinsure has launched its Defaqto 5 Star rated landlord/buy-to-let insurance policy.
The product features a buildings cover limit of £600,000, £15,000 contents cover and £2,000,000 landlord’s legal liability provided as standard, while malicious damage cover for buildings & contents is offered as an optional extra.
Rent arrears indemnity cover and home emergency cover are also available.
In addition, Uinsure’s ‘Price Beater’ functionality has also been added to the product, allowing brokers to adjust commission in order to lower the final customer premium, thus helping secure every sale.
Simon Taylor, chief executive of Uinsure, said: “This is a massive coup for us and we’re delighted to bring brokers such a great 5 Star landlord policy that is very competitively priced ,whilst having all the features and benefits brokers now expect to receive from Uinsure.
“The buy-to-let sector is currently extremely buoyant, presenting huge opportunities for property investors and brokers alike. This high quality product allows landlords to protect their investments. Too many products currently available on the market are sub-standard, and taking out an inferior policy can put a landlord’s whole portfolio at risk.
“Our new Defaqto 5 Star rated policy will give landlords the peace of mind that their assets are protected, and brokers the confidence of knowing that they’re selling one of the most comprehensive policies on the market.”
Brokers are also able to use Uinsure’s free Defaqto comparison tool to compare the product to others currently on offer.
Taylor added: “We are very confident that this is a market leading 5 Star rated product and as such we’re delighted to allow our brokers the chance to compare it with other offerings using the free Defaqto tool.”
Martin Reynolds, CEO of SimplyBiz Mortgages, added: “Landlords insurance should be the glue that bonds an adviser/investor relationship together but it can be overlooked. This new innovative product from Uinsure will open up new opportunities and with their simple, easy to use system advisers will be able to cement their landlord relationships.”
Existing Uinsure landlord/buy-to-let policyholders will renew onto the 5 Star Landlord Insurance policy.