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Arc Legal Assistance (Arc Legal) has been selected by Saga to provide a Landlord Legal Expenses policy included within its new dedicated Landlord Home Insurance product.
Saga’s customers will have automatic cover for pursuing proceedings to evict tenants or recover possession of the property in the event of a breach of the terms of the tenancy agreement, defence of criminal prosecutions under specified gas, electrical equipment and furniture and furnishing regulations, contract disputes, as well as non-tenancy related property infringement or damage. There are also rent guarantee cover options available.
Richard Finan, Director of Arc Legal said: “We are delighted to have been appointed by Saga to provide their customers with comprehensive and relevant Legal Expenses coverage. Saga have identified that Landlord Legal Expenses Insurance provides essential protection for landlord customers, and have therefore chosen to enrich the core product to include the cover as an automatic benefit, rather than using the cover to generate ancillary income.”
Finan continued, “This deal affirms our position as a leading provider of specialist Legal Expenses products for landlords, and underlines our commitment to grow in this developing market.”
Toby Hughes, director of product development, Saga commented: “Arc Legal has a strong product and service solution for the landlord insurance market and we have been able to benefit from their expertise to offer a product that addresses the breadth of issues that face property owners today.”