Terms & Conditions

May 28th, 2014

These are the Terms & Conditions that are required to be met so that policy is valid in the event of a claim.
Please read these thoroughly before proceeding with your policy.

Should require any assistance the team at Rent Safe UK are always happy to help.

All DAS policies state:

In the areas below we will resolve an insured legal problem, either ourselves or through external lawyers and other experts we appoint.

It must be more likely than not that you will recover damages or make a successful defence of your civil claim.

External costs are limited to £50,000.

Costs incurred before DAS agrees to pay them.

A dispute with your tenant within 90 days of taking out cover, if the tenancy started before you took out your policy.

Unless DAS agrees to start legal proceedings or there is a conflict of interest, DAS is free to choose a lawyer to help you.

 

Please be sure to Fully read and understand your Policy Wording Documents, the grey buttons available on the policy pages and inside each toggle below. If you need any assistance we look forward to hearing from you.

 

Property Let – Standard

Policy Elements and requirements where applicable

1 Repossession

You wish to get possession of your property from your tenants.

Significant exclusions or limitations:

Your property must be let under an assured shorthold, short assured or an assured tenancy under the 1988 Housing Act, Housing (Scotland) Act or The Private Tenancies Order 2006 (Northern Ireland). You must give the tenant the correct notices telling him or her that you want possession of your property.

2 property damage

Someone causes damage to your property.

Significant exclusions or limitations:

The extent of the damage must be more than £1,000.

3 eviction of squatters

Someone is living in your property without your permission and you wish to evict them.

Significant exclusions or limitations:

4 rent recovery

You wish to recover rent arrears from your tenants.

Significant exclusions or limitations:

The Registering of rents, reviewing of rents or any matter to do with rent, rate or land tribunals, or rent assessment committees.

5 legal defence

Defence of criminal prosecutions relating to the letting of your property and actions for unlawful discrimination.

Significant exclusions or limitations:

We do not pay court orders.

Hotel Expenses

We will pay your hotel expenses while you try to get a possession order for your property so you can live in it.

Significant exclusions or limitations:

Cover is for up to £150 per day for a maximum of 30 days.

 

Storage Costs

We will pay to store your household possessions while you are unable to reoccupy your property.

Significant exclusions or limitations:

Cover is for £10 per day for a maximum of 4 weeks.

 

Policy Wording

Property Let – Standard & Rent Arrears

Policy Elements and requirements where applicable

1 Repossession

You wish to get possession of your property from your tenants.

Significant exclusions or limitations:

Your property must be let under an assured shorthold, short assured or an assured tenancy under the 1988 Housing Act, Housing (Scotland) Act or The Private Tenancies Order 2006 (Northern Ireland). You must give the tenant the correct notices telling him or her that you want possession of your property.

2 property damage

Someone causes damage to your property.

Significant exclusions or limitations:

The extent of the damage must be more than £1,000.

3 eviction of squatters

Someone is living in your property without your permission and you wish to evict them.

Significant exclusions or limitations:

4 rent recovery

You wish to recover rent arrears from your tenants.

Significant exclusions or limitations:

The Registering of rents, reviewing of rents or any matter to do with rent, rate or land tribunals, or rent assessment committees.

and rent officers.

5 rent arrears

(a) We will pay the rent arrears while your tenant or ex-tenant still occupies your property.

(a) If after vacant possession your property needs damage repaired to enable you to re-let it, we will pay 50%

of your rent arrears for a maximum of three months or until the property is re-let, whichever happens first.

Significant exclusions or limitations:

Before the tenancy starts you must have obtained written references from a previous managing agent or landlord

or an employer or another financial source, and a credit history check (including County Court Judgments

and bankruptcy).

Cover will only be provided if repossession is being sought under Insured incident 1 Repossession and rent officers.

6 legal defence

Defence of criminal prosecutions relating to the letting of your property and actions for unlawful discrimination.

Significant exclusions or limitations:

We do not pay court orders.

Hotel Expenses

We will pay your hotel expenses while you try to get a possession order for your property so you can live in it.

Significant exclusions or limitations:

Cover is for up to £150 per day for a maximum of 30 days.

Storage Costs

We will pay to store your household possessions while you are unable to reoccupy your property.

Significant exclusions or limitations:

Cover is for £10 per day for a maximum of 4 weeks.

 

Policy Wording

Property Let – Standard, Rent Arrears, Tax Protection & Contract Disputes

Policy Elements and requirements where applicable

1 Repossession

You wish to get possession of your property from your tenants.

Significant exclusions or limitations:

Your property must be let under an assured shorthold, short assured or an assured tenancy under the 1988 Housing Act, Housing (Scotland) Act or The Private Tenancies Order 2006 (Northern Ireland). You must give the tenant the correct notices telling him or her that you want possession of your property.

2 property damage

Someone causes damage to your property.

Significant exclusions or limitations:

The extent of the damage must be more than £1,000.

3 eviction of squatters

Someone is living in your property without your permission and you wish to evict them.

Significant exclusions or limitations:

4 rent recovery

You wish to recover rent arrears from your tenants.

Significant exclusions or limitations:

The Registering of rents, reviewing of rents or any matter to do with rent, rate or land tribunals, or rent assessment committees.

and rent officers.

5 rent arrears

(a) We will pay the rent arrears while your tenant or ex-tenant still occupies your property.

(a) If after vacant possession your property needs damage repaired to enable you to re-let it, we will pay 50%

of your rent arrears for a maximum of three months or until the property is re-let, whichever happens first.

Significant exclusions or limitations:

Before the tenancy starts you must have obtained written references from a previous managing agent or landlord

or an employer or another financial source, and a credit history check (including County Court Judgments

and bankruptcy).

Cover will only be provided if repossession is being sought under Insured incident 1 Repossession and rent officers.

6 legal defence

Defence of criminal prosecutions relating to the letting of your property and actions for unlawful discrimination.

Significant exclusions or limitations:

We do not pay court orders.

7 Tax Protection

Representing your rights throughout an investigation by HM Revenue & Customs into your self assessment tax return.

Significant exclusions or limitations:

The tax affairs of a company, or any claim if you are self-employed, a sole trader, or in a business partnership.

Where you have failed to supply information to HM Revenue & Customs in relation to rent received.

8 Contract Disputes

We will pursue and defend a claim for buying or hiring in of any goods or services in relation to your property.

Significant exclusions or limitations:

You must enter into the contract during the period of insurance. The amount in dispute must be more than £100.

Building work or design, where the contract value exceeds £5,000. Disputes arising from a loan, mortgage, pension, borrowing or investment. A tenancy agreement.

Hotel Expenses

We will pay your hotel expenses while you try to get a possession order for your property so you can live in it.

Significant exclusions or limitations:

Cover is for up to £150 per day for a maximum of 30 days.

 

 

Storage Costs

We will pay to store your household possessions while you are unable to reoccupy your property.

Significant exclusions or limitations:

Cover is for £10 per day for a maximum of 4 weeks.

 

Policy Wording

Property Let for Letting Agents – Standard & Rent Arrears

Policy Elements and requirements where applicable

1 Repossession

You wish to get possession of your property from your tenants.

Significant exclusions or limitations:

Your property must be let under an assured shorthold, short assured or an assured tenancy under the 1988 Housing Act, Housing (Scotland) Act or The Private Tenancies Order 2006 (Northern Ireland). You must give the tenant the correct notices telling him or her that you want possession of your property.

2 property damage

Someone causes damage to your property.

Significant exclusions or limitations:

The extent of the damage must be more than £1,000.

3 eviction of squatters

Someone is living in your property without your permission and you wish to evict them.

Significant exclusions or limitations:

4 rent recovery

You wish to recover rent arrears from your tenants.

Significant exclusions or limitations:

The Registering of rents, reviewing of rents or any matter to do with rent, rate or land tribunals, or rent assessment committees.

and rent officers.

5 rent arrears

(a) We will pay the rent arrears while your tenant or ex-tenant still occupies your property.

(a) If after vacant possession your property needs damage repaired to enable you to re-let it, we will pay 50%

of your rent arrears for a maximum of three months or until the property is re-let, whichever happens first.

Significant exclusions or limitations:

Before the tenancy starts you must have obtained written references from a previous managing agent or landlord

or an employer or another financial source, and a credit history check (including County Court Judgments

and bankruptcy).

Cover will only be provided if repossession is being sought under Insured incident 1 Repossession and rent officers.

6 legal defence

Defence of criminal prosecutions relating to the letting of your property and actions for unlawful discrimination.

Significant exclusions or limitations:

We do not pay court orders.

Hotel Expenses

We will pay your hotel expenses while you try to get a possession order for your property so you can live in it.

Significant exclusions or limitations:

Cover is for up to £150 per day for a maximum of 30 days.

Storage Costs

We will pay to store your household possessions while you are unable to reoccupy your property.

Significant exclusions or limitations:

Cover is for £10 per day for a maximum of 4 weeks.

 

Policy Wording

 

BEFORE WE CAN ASSESS ANY CLAIM
YOU MAKE, YOU WILL NEED TO PROVIDE:

A copy of the Tenancy Agreement
Details of your claim (for example a breakdown of rent
arrears, the date the tenant left the property, any dilapidations you know
about, copies of relevant correspondence)
A copy of references for all tenants and any guarantors, each including
an employer’s reference, previous landlord’s reference if applicable and
formal credit check
A copy of any legal notices served on the tenant
A Deposit Protection Certificate
Proof of ownership of the tenanted property (e.g. Land Registry Office
Copy Entry, mortgage deeds) and any management agreement