Insurance

TMS Group is regulated by the Financial Services Authority for non-investment insurance related business.  In order to pay insurance premiums, handle insurance claim monies or place an insurance policy on behalf of a client, the Managing Agent must be registered with and regulated by the FSA.  This involves stringent reporting to enable the FSA to monitor the financial stability of the Agent, ensuring that its capitalisation meets minimum standards.  (For further information follow the link from our home page.)

Over the years we have been able to tailor our commercial block policy with Aviva to the needs of individual clients and we would be delighted to provide advice and a quotation for any insurance related services.

• ·         Buildings Insurance
• ·         Lift Engineering Insurance
• ·         Directors' and Officers' Indemnity Insurance
• ·         Management Liability Insurance
• ·         Legal and Professional Insurance
• -         Terrorism Insurance

These are all examples of the insurances with which we are able to assist.

Aviva Block Policy - Key Benefits

·                All Risks cover including subsidence

·                £5 million indemnity  -  Property Owners'/Public Liability

·                Free Employers' Liability cover

·                60 days' full cover for unoccupied flats

·                Unrestricted cover for long term vacant/unoccupied flats by special agreement

·                Only £100 excess on all claims other than subsidence

·               Trace & Access cover for incidences of escape of water

·                Loss of Rent/Alternative Accommodation cover

·                Lift Inspection & Certification at competitive prices within main policy

·                Management Liability cover, i.e. extended directors' & officers' cover

3% credit charge for monthly instalments