Lexelle Broker Training - Landlords Insurance

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* 1. Participant Details

Full Name

Email Address

Broker

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* 2. In Order to make a pursuit claim for damage, the amount in dispute must exceed...

£500 or the security deposit whichever is lower.

£500 or the security deposit whichever is greater.

£1,000 or the security deposit whichever is lower.

£1,000 or the security deposit whichever is greater.

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* 3. Both policies offer hotel expenses up to what amount?

£50 a day up to £500

£50 a day up to £1,000

£50 a day up to £1,500

£100 a day up to £1,000

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* 4. The Landlord purchases a policy covering rent up to £2,500 for up to 12 months. The policy pursues an eviction for the landlord possession as they did not pay the rent of £1,500 per month. Vacant is obtained after 8 months, how much rent will the policy pay to the Landlord? (the deposit was used up repairing the property)

£20,000

£9,000

£12,000

£30,000

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* 5. This policy covers the cost to evict any person that has not got your permission to be there?

True

False

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* 6. This policy does not cover any disagreements with your tenant for the first ...... of the start of the period of insurance. (Fill in the gap)

30 Days

60 Days

90 Days

120 Days

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* 7. For the landlord's Legal Expenses & Rent Guarantee insurance to be valid, a recent credit check must have been carried out within how many days of the tenancy agreement?

30 Days

45 Days

60 Days

75 Days

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* 8. What is the maximum policy indemnity limit for pursuing your legal rights?

£25,000

£50,000

£75,000

£100,000

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* 9. The landlord has a policy covering rent up to £2,500 per month for up to 12 months. The Tenant has failed to pay their rent of £3,000 per month. What will the policy pay if eviction takes 6 months.

£18,000

£30,000

£16,000

The Policy will not pay as the rent exceeds the monthly maximum covered by the policy.

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* 10. These policies cover defence if an accident arises from you letting your property leads to you being prosecuted in a criminal court...

True

False

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* 11. A tenant cannot satisfy the credit referencing terms of the policy but has a relative that is willing to act as a guarantor that can satisfy the referencing criteria. Would this be acceptable?

Yes