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Background
Where a property has been identified as being within a Parish that retains the right to charge for repairs to the chancel of the Parish church,
ChancelSure® offers a cost effective solution.
ChancelSure® is the market leading Chancel Repair indemnity product, providing comprehensive protection and security for the homeowner.
ChancelSure® policies are underwritten by Great Lakes Reinsurance (UK) PLC part of the Munich Re group. As a result
ChancelSure® cover offers AA- rated insurance that provides your clients with the highest and most consistently rated security in our market. It has been specifically designed to work in conjunction with
ChancelCheck® and is fully compliant with both lender and Law Society requirements.
Features include:
- Available for residential and commercial properties
- Diminution in value
- 200% escalator clause
- Up to £3m cover as standard online for both residential and commercial
- Option for 25, 35 years and in perpetuity cover
- Uses CLS's same simple online ordering system as ChancelCheck®
- Bespoke policies provided by the CLS underwriting team
- Underwritten by Great Lakes Reinsurance (UK) PLC, part of the Munich Re group
- Part of the ChancelSure® suite of products.
Bespoke policies are available for larger areas of land, higher limits of indemnity, developments or where there is prior knowledge of a risk. Cover can also be provided if a caution is noted in the title deeds, and/or a full chancel repair search has been carried out identifying a confirmed risk. Our team of legally qualified expert underwriters are available to discuss these, and other issues, and can tailor a solution for your clients.
To find out more about these products and our prices please log on and visit the ChancelSure® product tab.