Residentsline’s Buildings Insurance policyholders will automatically have protection against unforeseen external damage to passenger lifts, plus Public Liability up to a Limit of Indemnity of £10,000,000, whether accidental or malicious.

Under Health & Safety Regulations there is also a duty on Companies to ensure that their passenger lifts are formally inspected by a competent authority every 6 months.

Lift Inspections are provided by Bureau Veritas and costs are shown below which include VAT at 20%.

Machinery Breakdown Insurance is arranged with QBE Insurance (Europe) Limited. Premiums below include Insurance Premium Tax at 12%

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One Lift Two Lifts Each Additional Lift
Inspection Only
(twice per annum)
From £280.80*p.a. From £438.00*p.a. From £226.80 *p.a
Machinery Breakdown Insurance
(£250,000 Limit of Indemnity subject to £100 Excess)
From £54.75 p.a. From £54.75 p.a. From £54.75 p.a

* Figures quoted are for lifts servicing up to 5 floors, call us on 0800 281 235 if you require a quote for 5 floors and above.