Restrictive Covenant (RC)
The Restrictive Covenant indemnity policy has been specifically designed for the situation where an existing property, being used for residential and/or commercial purposes, is subject to the burden of a restrictive covenant which has been breached for at least 12 months and you are not aware that any complaint has been made at any time.
A restrictive covenant is a type of condition placed upon the use of land or buildings by a previous owner when the land was sold.
For full terms, please see the Key Facts.
- Premiums from £60.00 incl. IPT
- ‘Instant’ cover for residential and commercial properties
- This policy will run in perpetuity
- Up to £3m limit of indemnity
- Comprehensive cover including automatic 5% inflation clause per annum for 10 years
- Electronic policies and key facts
- Monthly statement and numerous payment options
- LOI can be increased at any point using our top-up policy
- BACS and cheques accepted