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 QBE Insurance (Europe) Limited. Premiums below include Insurance Premium Tax at 12%
|One Lift||Two Lifts||Each Additional Lift|
(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. Should you require a quote for over five floors, please call us on 0800 281 235.