Residentsline’s Buildings Insurance policyholders will receive automatic 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 a duty for Companies to ensure that their passenger lifts are formally inspected by a competent authority every 6 months.

Lift inspections are provided by Bureau Veritas – costs are shown below, including VAT at 20%.

Machinery Breakdown Insurance is arranged with Aviva Insurance. Premiums below include Insurance Premium Tax at 12%

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 £112.00 p.a. From £112.00 p.a. From £44.80 p.a

* Figures quoted are for lifts servicing up to 5 floors. Should you require a quote for over five floors, please call us on 0800 281 235.