A dedicated landlord buildings damage cover directly responding to the Renters' Rights Bill.
Under the proposed legislation, landlords will no longer be able to unreasonably prevent their tenants from having pets in their properties. They will need a good reason to refuse, like you can’t have a lion in the house. So that is why we called the product Not for Lions!
The policy offers landlords peace of mind and dedicated protection from the increased risk of pet damage to their properties.
Claims are linked to the outcome of the deposit adjudication. Where the ruling is in the Landlord’s favour the cover will pay out to the limits for the damaged caused.
Policy excess is equal to the property deposit.
Where there are also non-pet related issues such as non-payment of rent, property was not cleaned, Not for Lions means the deposit can be fully used to address these exposures.
Under the legislation the tenant can be asked to pay for the policy.
Talk to Addept about how Not for Lions can support your landlord clients.
