Brokers: Second Property

Foreign Property Legal Expense Insurance

Why Foreign Property Legal Expense Insurance?
Many people in the UK have invested in second properties abroad to let, as a nest egg for their retirement or for their own personal use. Legal disputes in a foreign country can be very expensive, complicated and time consuming.

Our Foreign Property Legal Expense policy offers protection against unforeseen disputes and legal action. It also offers protection and cover for accountancy and tax investigations relating to your foreign property.

This cost effective policy allows you to enjoy the benefits of a holiday home whilst reducing the potential costs of any legal disputes.

The Cover
Our Foreign Property Legal Expense Insurance policy provides cover for your legal costs to pursue the following:

• Contract claims against a person / organisation providing defective goods or services for use in or connected    to the property
• Personal injury claims against the responsible person / organisation
• Actions for nuisance or trespass against a neighbour relating to the property
• Actions for re-possession of the home from an unauthorised occupant

In addition, this policy covers expert’s fees to deal with an HMRC Enquiry into your personal tax position related to rental income from the property.

Legal and accountancy costs of up to £50,000 per claim are covered for claims brought within the jurisdiction of a court in the United Kingdom. For all other claims occurring within the territorial limits as set out in the policy schedule, costs of up to 10,000 will be covered other than in relation to actions for re-possession of the home or if the home has been occupied by an unauthorised party, where costs of up to 1,000 will be paid.

At a Glance

• Protection against legal costs relating to a holiday home
• Protection against costs associated with a tax investigation into income related to the holiday home
• Cover up to £50,000