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Coventry BS introduces new investment property insurance service

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.”


Pru fails to get place on panel it helped build

Prudential has failed to win a place on Burns-Anderson’s multi-tie panel despite working on its initial development and announcing in January that it had already signed up. The five successful providers for the panel are Axa, Friends Provident, Legal & General, Scottish Equitable and Standard Life. Prudential was a strategic partner in designing B-A’s multi-tie […]

Ashley Law starting share option scheme for partners

National IFA franchise Ashley Law is setting up a share option scheme to allow members to participate in its growth. The shares – to be offered in Ashley Law parent Ashley Law Management Services – will be offered to any of the firm’s 85 franchise partners who achieve 60,000 annual turnover with a decent persistency […]

Friends’ business up 33% in first half

Friends Provident saw total life and pensions business rise 33 per cent from 212m to 282m in the first half of 2005 but says the market is difficult to call in the run up to A day. The insurer says margins held up but business volumes in the run up and immediate aftermath of A […]


Out from the long grass? An IT and NI merger

Those with a long memory will recall that at the start of the last parliamentary term George Osborne announced his intention to merge income tax (IT) and national insurance (NI).  Headline grabbing as the initiative was, the reality of the complexities, challenges and costs of such a move resulted in this idea being kicked into the political long grass.


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