Arc launches commercial rental guarantee product with high street broker
Arc Legal Assistance has moved to strengthen its position in the landlord legal protection market with the launch of a commercial rental guarantee product for semi-professional landlords through Swinton Commercial.
The product is part of a new package of protection to be offered by the high street broker.
The product will provide legal expenses and rental guarantee including protection against legal costs associated with tenant eviction, non-tenant property infringements and tax disputes and defaults in rental payments.
The package also includes access to a tenant referencing service through Arc Legal’s partnership with Experian.
Richard Finan, director of Arc Legal, said: “Whilst existing commercial landlords insurance products offer a wide cover they tend to be focused on large commercial landlords with big property portfolios.
"Our product has been developed with Swinton Commercial to fill the gap in protection for the smaller, semi-professional landlord by providing cover that is directly applicable to their situation."
Andy Roden, product development manager, at Swinton said: “Arc Legal’s proven track record and experience in the landlord sector and their innovative approach to developing new products and solutions make them an ideal partner for us as we build on our offerings in this growing sector.”
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