Lifts Inspection & Insurance
CHUResidentsline’s Buildings Insurance policyholders will automatically have their lifts protected against unforeseen external damage to passenger lifts, plus Public Liability up to a Limit of Indemnity of £5,000,000, whether accidental or malicious.
However, under Health & Safety Regulations there is a duty on Companies to ensure that their passenger lifts are formally inspected by a competent authority every 6 months.
Example costs from Aviva are shown below and include VAT at 20% and IPT at 6% where applicable.
| One Lift | Two Lifts | Each Additional Lift | ||
|---|---|---|---|---|
| Inspection Only (twice per annum) |
£192.00 *p.a.
|
£294.00 *p.a.
|
£153.00 *p.a
|
|
| Machinery Breakdown Insurance subject to £100 excess |
£53.00 p.a.
|
£53.00 p.a.
|
£26.50 p.a
|
|
* Figures quoted are for lifts servicing up to 5 floors.
Disclaimer: Products attracting VAT are not regulated by the FSA.
For a confirmed quotation or further assistance please contact us FREE on 0800 281 235 or E-mail: info@residentsline.co.uk 
