IMPORTANT INFORMATION
Insurance products can only be purchased by individuals who are FCA regulated.
If you are a member of the public, we recommend speaking to your solicitor.
Insurance cover provided by CLS Property Insight*.
No search and search delay insurance protects you if the property is affected by any matter which would have been revealed by a search, as defined within the policy, had one been carried out on the inception date.
What is insured?
Loss you incur which arises out of an insured risk and includes:
- Damage, compensation, costs and/or expenses (but not fines or other penalties) which you have to pay because of a court order;
- The amount by which the value of the property is reduced by the effect of a court order;
- Any other costs and expenses you incur with the insurer’s written consent because of an insured risk.
What is not insured?
The Insurer can refuse to pay a loss or reduce any payment for the loss because:
- You confirmed a statement of fact that which you knew or could reasonably have been expected to know was not true; and/or
- You make a claim knowing that it is false or fraudulent; and/or
- You disclose that this policy exists to another person who is not a potential purchaser of the property, their mortgage lender or the legal advisers of each.
- Additional exclusion(s) are contained in the insured risk appendix of the sample below.
Full information regarding this policy can be found in the documents at the bottom of this page.
| LIMIT OF INDEMNITY (up to and including) | PREMIUM (including IPT) | LIMIT OF INDEMNITY (up to and including) | PREMIUM (including IPT) |
|---|---|---|---|
| £75,000 | £10.00 | £600,000 | £27.00 |
| £100,000 | £12.00 | £650,000 | £28.00 |
| £125,000 | £14.00 | £700,000 | £29.00 |
| £150,000 | £16.00 | £750,000 | £30.00 |
| £175,000 | £17.00 | £1,000,000 | £55.00 |
| £200,000 | £18.00 | £1,125,000 | £75.00 |
| £250,000 | £19.00 | £1,500,000 | £100.00 |
| £300,000 | £20.00 | £1,750,000 | £105.00 |
| £350,000 | £21.00 | £2,000,000 | £110.00 |
| £400,000 | £22.00 | £2,250,000 | £117.00 |
| £450,000 | £24.00 | £2,500,000 | £125.00 |
| £500,000 | £25.00 | £2,750,000 | £150.00 |
* Arranged by Severn Trent Searches and provided by CLS Property Insight Ltd.
| PRODUCT DOCUMENTS | UPDATED | |
|---|---|---|
 | Sample Policy | - |
| Prices | April 2020 |