Under health & safety regulations, there is a duty for Companies to ensure that their passenger lifts are formally inspected by a competent authority every 6 months. Lifts would include passenger lifts, window cleaning hoists and winches fixed to the roof of the property. A record of these inspections must be kept and a certificate issued.
Whilst a lift may have a maintenance agreement in place, this agreement doesn’t normally include the statutory inspection requirement. To help comply with the Lifting Operations and Lifting Equipment Regulations 1998 (LOLER) Insurers offer an inspection service under an Engineering insurance policy. Insurers can also extend the policy to include damage to the lifts following its breakdown.
Most property owners or blocks of flats insurance policies will cover damage to passenger lifts as a result of an insured peril such as fire, accidental damage and malicious damage. However these policies do not normally extend to cover damage caused by the breakdown of the passenger lift, hence the need for an Engineering policy.
Flat Living Insurance has negotiated very favourable rates for Lift Insurance and Inspection, as shown below:
| Lift Inspection | Twice per annum | *£282.35 |
| Machinery Breakdown | (£250,000 Limit of Indemnity subject to £100 Excess | *£112.00 |
*Figures quoted include Insurance Premium Tax or VAT and are for lifts servicing up to six floors. Should you require a quote for over six floors, please call Flat Living Insurance on 0333 577 2044.
For a formal quote please email your postcode and number of lifts and number of floors to info@flatlivinginsurance.co.uk or complete our online form here.
Overlooked flats insurance products
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