Coventry Building Society is launching CoventryLet, a freestanding investement property insurance service.
The policy is arranged by Heath Lambert Insurance Services.
The new insurance policy has been exclusively designed to give cover to landlords as well as giving protection to people letting out their home. There are no limits to the number of properties that can be insured on the same policy.
Buildings or contents insurance or combined cover can be purchased and customers are able to specify extra cover for protection against loss of rent and legal expenses.
Financial services & insurance manager Peter Holding says: “We know how important it is for landlords to keep their investment property portfolio insured. CoventryLet has been designed to make things as easy as possible for amateur or professional landlords and ensure that they get exactly the cover they need.”