What is Loss of Rent Cover?

This policy covers loss of rent up to 20% of the sum insured. If you take out this policy and the building or contents become so badly damaged because of an insured peril, and the tenants have to be moved out because of this, then the insurance company will pay you the rent that the tenants would have paid you, up to 20% of the total sum insured.

This does not include cover for loss of rent while the property is unoccupied or between lets.