Challenges of insurance alongside lease obligations

Often in the event of claim insurers request a copy of your lease. This is when your legal obligations in respect of what insurance you should have arranged are appreciated. However, this can sometimes be too late, resulting the insurer not being able to make a full settlement. So what should you know, when you…

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Leases & Insurance – Who insures what?

Understanding Leases & Insurance A client recently approached us with a specific question on what insurance is needed when investing in a newly leased building. The business was about to incur costs of around £500,000 to fit-out their premises, as a new state-of-the-art childcare setting, they needed a better understanding of leases and insurance. The…

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