Council leaseholder's insurance

Use this guide to get information on council leaseholder’s insurance.

The council's leasehold building insurance policy is administered by the council on behalf of our insurers, NIG.

The Leaseholder's Summary of Cover is sent out to all leaseholders at the start of the financial year and should be read in accordance with the NIG policy document.

The summary of cover lists what is covered by the policy, the sums insured figure, and the premium which leaseholders pay with their service charges.

'Sum Insured' is the maximum extent of an insurers' liability under a contract of indemnity. Indemnity is the legal principal which ensures that an insurer is restored to the same financial position as he was immediately prior to the loss.

Every year we send a building insurance schedule to all leaseholders with details of their policy coverage and how to make a claim. We ask leaseholders to keep hold of these details so that they have all the information to hand if they need to make a claim.

Property insurance for leaseholders policy wording (PDF 672KB)

Leasehold building insurance schedule 2022-23 (PDF 280KB)

You can request a copy of your building insurance schedule by calling Lambeth Risk and Insurance on 020 7926 9330.

You should keep your building insurance cover in a safe place.