Residential Property Facility

Introducing Marsh's Agile Residential Property Facility

As an estate manager, solicitor, LPA Receiver, or insolvency practitioner, are you in need of insurance coverage for a residential property? Look no further than Marsh's Agile Residential Property Facility.

Why Choose Marsh's Agile Facility?

Comprehensive cover: Our facility provides property damage cover for buildings and household contents up to a limit of £1,000,000. Additionally, our coverage includes standard features such as loss of rent/alternative accommodation costs up to £200,000 and £10,000,000 public liability insurance.

Unoccupied properties welcome: Whether your properties are occupied or unoccupied, our facility has you covered. The premium payable remains the same, regardless of occupancy status.

Cover for occupied and unoccupied properties: Our coverage automatically includes household contents for both occupied and unoccupied properties. Cover for valuables such as jewellery, watches, antiques, and electronic equipment (for example TVs. computers) is also included, subject to additional terms/limits – see policy for further details (full policy wording available upon request).

Mitigating risk for unoccupied premises: We understand the unique insurance challenges that arise in relation to unoccupied premises. That's why an unoccupied premises condition is important, as it outlines the steps you need to take as the policyholder to reduce the risk of loss or damage. These steps include arranging property inspections within 45 days of cover placement, and additional actions for properties remaining unoccupied for 90 days or more."

Instant cover, flexible placement options: We offer two placement options to suit your business needs. Choose between declaration basis or individual basis:

With a declaration basis, you'll receive a monthly declaration template, a master certificate as evidence of cover, and a monthly invoice.
With an individual basis, you'll receive bespoke policy documents as evidence of cover and an invoice for each 12-month policy period.

Regardless of the option you choose, cover is secured instantaneously from the time and date you assume responsibility for each property.

Clear pricing: At Marsh, we believe in transparency. That's why all premiums are pre-agreed, ensuring clarity and eliminating surprises. Whether you place cover individually or via a monthly declaration, you can trust that our pricing is fair and straightforward. Further premium information is available upon request.

Leading insurer: Our Agile facility is underwritten by Aviva Insurance Ltd, one of the largest and most experienced property insurers in the UK. With Marsh as your partner, you can trust that you're working with industry leaders.

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Residential Property Facility

Introducing Marsh's Agile Residential Property Facility

Why Choose Marsh's Agile Facility?

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Residential Property Facility

Introducing Marsh's Agile Residential Property Facility

Why Choose Marsh's Agile Facility?

Ready to Get Started?

Other products

Bonds for Insolvency Practitioners

Insolvency Insurance Facility

Insolvency Financial Interest Insurance Scheme

Related insights

Intellectual property trends and possible risk solutions

Professional indemnity market update — part three: A focus on construction and property

Financial Lines: Time to Build resilience

Navigating the insurance market for professional services: A conversation with Steven Loveday