Management fee protection is a stripped back version of our Rent & Legal Protection product.
This product aims to protect, you as an agent, against loss of income by protecting their fee if the renter(s) default. The cover also includes the legal costs of gaining possession of the property.
The exclusive policy includes:
- 15 months’ cover for loss of management fee
- £100,000 legal expenses
- No excesses
- More relaxed claims notification criteria
- Management fee capped at 15% of monthly rent or £375 whichever is the lower figure
How much does Management Fee Protection cost?
The price for a Management Fee policy is £75.00 for the year. You are able to pay for this monthly or annually. Pricing includes insurance premium tax.
This product is provided by Alan Boswell Insurance Brokers Limited, who are authorised and regulated by the Financial Conduct Authority (301081). InsureStreet Limited (trading as 'Canopy') is an Introducer Appointed Representative of Alan Boswell Insurance Brokers Limited and may receive a commission from them for introducing you.
The information provided on this site is for guidance purposes only and should not be regarded as a substitute for taking financial advice. You should consult your professional adviser if you require financial advice. We try to ensure that the information on this site is correct, but we do not give any express or implied warranty as to its accuracy. We do not accept liability for any error or omission.